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Retirement tax questions
- After you enter your 1099-R,TurboTax, will ask questions about the distribution.
- TurboTax will then ask What did you do with the money?
- Check the box saying you moved it to another retirement account (or returned it to the same account).
- The next question will be how much of it you put back, give the number
- These two answers will make the amount repaid not taxable
After you open the tax return
Go to Wages and Income
Click on Retirement plans/Social security/IRA
Click on 1099-R you want to edit
Click on the link for more information
‎February 28, 2022
2:46 PM