If you are using TurboTax Home and Business, you can review the 1099R input in "Forms" mode by scrolling down the 1099R screen.
- Select "Forms" in the upper right hand corner of the screen
- In the left margin, Select the 1099R from the listing
- Scroll down the screen reviewing the questions for RMD and Rollovers.
- When finished, Select "Step by Step" to return to input screens.
We don't have specific information on procedures for the third stimulus payment because the measure just passed Congress. If you had issues receiving your earlier stimulus, then the best way to ensure that you are one of the first to receive any future stimulus payments is to file your 2020 tax return as early as possible and use direct deposit so that the IRS will have your updated information.
You can find the most up to date information from the IRS here, and updates from TurboTax here as they develop.
