sammayc
Returning Member

Permanent pension plan filing 1099-R

I installed the TT 2020 to a new PC. I would not be able to link back to my TT from pervious year and need to do the software from scratch.  When filing for my pension for life 1099-R, TT 2020 did not ask me what "Simplified Method Used Last Year", example, number of months, annuity start date, and plan cost etc., etc.. It treated my pension for life 1099-R as a lump sum for 2020. As a result, my Federal Tax Due jump up to several thousand dollars. I tried to redo the input form several times and still not getting it correctly. Need help.