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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.
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March 6, 2021
6:55 PM