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Retirement tax questions
Yes, you have to enter your 1099-R into your tax return. The IRS does document matching, and they have a copy, too. The income in Box 1, Distributions, may be taxable, whether your form shows any Federal Tax withheld or not.
The easiest and most error-free way to do this is to type it manually yourself from the 1099-R you have received. You are in FORMS mode now, so click on 'Step by Step' in the upper right corner.
Then, in the Search Area (magnifying glass near top right), type '1099-R', then click on the blue 'Jump to 1099-r'.
If you have no other 1099-R's entered, choose 'Add a Form 1099-R'. Then choose 'I'll type it in myself' and Continue.
Type the data into the entry fields in TurboTax as shown on your 1099-R.
Click this link for more info on How to Enter 1099-R.
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