@tta wrote:
Thank you @DanaB27, I followed your instructions and created a 1099-R form "Distributions from Pensions, IRAs, etc" but in the final printout, it shows "Keep for your records" and therefore it will not be included in the 2020 Tax Return. What's the point of creating this 1099-R if it will not be sent to the IRS ? How can this 1099-R be included in the E-filing?
The TurboTax "1099-R" is not an actual form. It is simply a data input screen. What is sent to the IRS is the 1040 form with the distribution amounts on line 4 and your explanation statement for the code P.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
