Deductions & credits

If you "closed" your Merrill Lynch retirement account in 2019, you may have received a 1099-R form that has the amount withdrawn or paid to you.

You'll get a 1099-R if you received $10 or more from a retirement plan. Here's how to enter your 1099-R in TurboTax:

1. Open (continue) return if you don't already have it open.
2. Inside TurboTax, search for 1099-R and select the Jump to link in the search results.
3. Answer Yes on the Your 1099-R screen, then select Continue.
   • If you land on the Your 1099-R Entries screen instead, select Add Another 1099-R.
4. Select how you want to enter your 1099-R (import or type it in yourself) and then follow the instructions. You can add up to 20 1099-Rs.

If you need to delete your 1099-R form, the easiest way to delete an unwanted or duplicate 1099-R is from the Your 1099-R Entries screen.

1. Open (continue) your return if you don't already have it open.
2. Inside TurboTax, search for 1099-R and select the Jump to link in the search results.
3. This will take you to the Your 1099-R Entries screen.
4. Select Delete next to the unwanted 1099-R and then answer Yes on the following screen.

Source: TurboTax FAQ