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Retirement tax questions
Enter your form 1099-R by following these steps:
- In TurboTax, open your tax return
- Click on Federal in the left-hand column, then on Wages & Income on top of the screen
- Scroll down to All Income, locate the section Retirement Plans and Social Security and click on Show more
- Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).
After entering your form 1099-R, click Continue until you reach the screen Tell us if any of these uncommon situations apply. Check the box I took out this money because of a qualified disaster (includes COVID-19) then click Continue
The IRS instructions related to disaster distributions weren't ready in time for TurboTax to include them at this time. Please revisit this area later.
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‎January 12, 2021
9:02 AM