Retirement tax questions
To indicate that you returned your required minimum distribution (RMD) to your IRA, please follow these steps in TurboTax Online:
- Click on Federal > Wages & Income.
- Scroll down to the Retirement Plans and Social Security section and click on the Start/Revisit box next to IRA, 4701(k), Pension Plan Withdrawals (1099-R).
- If you've already entered one (or more) 1099-Rs, you will see a screen Your 1099-R Entries. Click the Edit link next to the 1099-R you wish to review.
- On the screen, Tell us if you moved the money through a rollover or conversion, mark the radio button, I rolled over some or all of it to an IRA... and click Continue.
- A few screens after the 1099-R input screen, you should see a screen, What Did You Do With The Money From 401k institution? Mark the radio button next to I moved the money to another retirement account (or returned it to the same retirement account).
- On the next screen, Did you rollover all of this $XX (Box 1)... mark the appropriate radio button and click Continue. [See screenshot below.]
