Get your taxes done using TurboTax

The 1099-R is for a retirement benefit which has been paid to me for at least 10-15 years without any issues or changes on the 1099-R. I just "finished" my taxes and Turbotax is hitting me with a tax penalty for 25% of the retirement income (>$34XX). There are no different types of 1099-R accounts in TurboTax other than those subject to RMD which this 1099-r is not subject to. I have taxes withdrawn each monthly payment to me.

 

Intuit needs to get their act together fix this bug yesterday. Making a user trick the software is the worst kind of software vendor. This is the first year I have a problem with the software. I can't talk to anyone form Intuit technical about it. I really don't want to do a work around as it will screw up my tax history, etc.