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Get your taxes done using TurboTax
It depends. The 1099-R is required to be filed as income you received in 2023. Unless the plan administrator will issue a corrected form you should report it, however when you call make sure of what they will do because if they will issue a correction, you may receive another 1099-R in 2024.
Possible Scenario 2024: You report the 1099-R in 2023, they reissue the check, then send another 1099-R in 2024. You can use the following step to remove the 1099-R in 2024 after you enter it in your return.
Other Miscellaneous Income:
- Go to the Wages and Income section of TurboTax
- Scroll to Less Common Income > Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable Income > Enter a description (2023 1099R) and the amount as a negative (-2000)
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‎April 14, 2024
9:33 AM