Retirement tax questions

If you entered it in 2019 and it was included on line 1 of your 2019 tax return then you already reported the code P 1099-R and can ignore it.

 

If you also receive a 2020 1099-R with a code 8 then that mus be entered on your 2020 tax return

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**