Here are steps on how to create dummy 1099-R if you like.
To create a Form 1099-R in your 2023 return please follow the steps below:
- Login to your TurboTax Account
- Click on the "Search" on the top right and type “1099-R” , Click on “Jump to 1099-R” or go to Wages and Income -> Retirement income.
- Answer "Yes" to "Did you get a 1099-R in 2023?"
- Select "I'll type it in myself"
- Box 1 enter total distribution (contribution plus earning)
- Box 2a enter the earnings
- Box 7 enter J and P
- Click "Continue"
- On the "Which year on Form 1099-R" screen say that this is a 2024 Form 1099-R.
- Click "Continue" after all 1099-R are entered and answer all the questions.
- Continue until "Did you use your IRA to pay for any of these expenses?" screen and enter the amount of earnings under "Corrective distributions made before the due date of the return".
Once this is done, You will see amount on line 4a - total distribution and line 4b - earning on form 1040.
I hope this information was helpful!
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