Lets start by deleting the 1099R you are working on and start the entry process over, After you have logged in and are in your return in TurboTax Online:
- Go to Search at the top of the screen.
- Then enter Form 1099-R in the search box.
- You will see a Jump To function that will take you to the 1099-R input screens.
- There delete the 1099R in question by clicking on the trash can next to the form
- Then add a new 1099R and manually enter your 1099R.
At the financial services screens, click "Change how I enter my form" then "Type it myself"
Select "I did something else". If you did not rollover the funds and used it for your monthly expenses, that would be the correct answer. The cash out option would only be used if you received a lump sum payout for the remainder of your pension payments. If you are over 70 1/2, at the RMD screens, since its a pension, indicate "I received all my RMD".
The pandemic has affected your taxes in many ways. Including reporting in TurboTax the amount of stimulus money you received. Click Here for more information on how the Pandemic affected your 2020 taxes.
