macuser_22
Level 15
Level 15

Get your taxes done using TurboTax

Probably they should have issued two 1099-R's with a code 2 for after 59 1/2, but you can enter it anyway.

 

When it asks if "we can lower your tax bill", enter the amount received after age 59 1/2  in "Other" and it will be excluded on a form 5329.

 

Screen Shot 2021-02-16 at 2.50.43 PM.jpgScreen Shot 2021-02-16 at 2.50.54 PM.jpgScreen Shot 2021-02-16 at 2.51.10 PM.jpg

**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.**
‎February 16, 2021 2:55 PM
2 Replies
805 Views
Reply
Bookmark Icon