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Retirement tax questions
Click the following to enter your 1099-R:
- Federal
- Wages and Income
- Scroll down and click Show More next to Retirement Plans and Social Security
- Start next to IRA, 401K, Pension Plans (1099-R)
As to whether or not you have to enter it, that depends on your income. If you have enough income that you are required to file a return, then yes, you will need to enter the 1099-R. Retirement income is generally taxable by the IRS.
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January 18, 2022
8:51 AM