MarilynG
Expert Alumni

Retirement tax questions

The best way to see how much of your 1099-R is taxable income is to look at Form 1040, Line 15b or 16b.

On the left-side menu, go to Tax Tools, Tools.  On the Tools Center pop-up menu, choose 'View Tax Summary'.

Back at the left-side menu, choose Preview my 1040.

When the Form 1040 opens, scroll down to to Lines 15 and 16 to see if all or part of your 1099-R distribution is taxable income (screenshot).

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