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pension or annuity? How to change ERROR in turbotax?
I mistakenly entered "simplified method" when turbotx asked for a choice between simplied method or something else. Big mistake on my part as program won't let me send e-file without answering more about the presumed annuity.
Actually the 3 small monthly payments are PENSIONS and NOT annuities that I might have bought.
I have been receiving these for 15 years and I am now 82. I should have ignored these asked by turbotax. WHY DIDN"T THEY POSE THE QUESTION "IS THIS INCOME FROM A PENSION OR AN ANNUITY".
I read too much into their "simplified" explanation and came to believe all pensions may be set up by corporations as annuities. In retrospect the very large companies that send me pension money would be self-insured.
HOW DO I CHANGE THE INFO IN TURBOTAX TO PENSION AND DELETE THIS "SIMPLIFIED"
Thanks for your help!!