To delete the duplicate 1099-R and import your 1099-R, follow the steps below. In regards to RMD, the import only includes what is reported on the form 1099-R. I've read many people on the forum receive a statement reporting the RMD amount. Alternatively, check out this RMD calculator from the financial industry regulatory authority HERE.
- Login and click 'Take me to my return'
- Select the 'Federal Taxes' tab and then click the 'Wages & Income' tab below it
- If you have the blue button 'Check for more income' click it and then click 'Skip to see all income'
- Scroll down to 'Retirement Plans and Social Security' and click the blue hyperlink 'Show more'
- Click 'Start' or 'Revisit' next to 'IRA, 401(k), Pension Plan Withdrawals (1099-R)'
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Next, you'll be on a summary screen of the 1099-Rs you've entered. Here, click the 'Delete' icon to the right of the 'Edit' button to delete the duplication. You'll also have the option to 'Add another 1099-R'.
- Next, you'll be prompted to search for your financial institution to import the form. Alternatively, you can simply select "I'll type it in myself." After the form is entered, be careful to answer the questions that follow carefully, which explain the situation to the software.
If you started entering a 1099-R and you aren't getting the results you expected, I recommend deleting the form and adding it again. Be sure to answer the questions that follow the form, all the way through in one sitting.
