To get TurboTax to use the taxable amount that is the result of the Simplified Method, you should go back and EDIT your 1099R in your Federal return. Answer or repeat the questions until you get to:
Verify Box 2a and Box 2b: Taxable Amount Not Determined
Describe the Taxable amount: No, a different amount was taxable.
Tell Us the Taxable Amount Method: Simplified method or General rule
For more information about the Simplified Method, visit IRS Topic No. 411- Pensions
The Simplified Method
Generally, if you begin receiving annuity payments from a qualified retirement plan, you use the Simplified Method to figure the tax-free part of the payments. A qualified retirement plan is a qualified employee plan, a qualified employee annuity, or a tax-sheltered annuity plan or contract (refer to Publication 575 for definitions). Under the Simplified Method, you figure the taxable and tax-free parts of your annuity payments by completing the Simplified Method Worksheet in the Instructions for Form 1040 and Form 1040-SR or in Publication 575. For more information on the Simplified Method, refer to Publication 575, or if you receive United States Civil Service retirement benefits, refer to Publication 721, Tax Guide to U.S. Civil Service Retirement Benefits.
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