Retirement tax questions

Yes, you can amend your 2020 tax return in TurboTax.

If you used TurboTax Online:

1. Log in to your account, scroll down the first page and select 2020, then Amend using TurboTax Online.
2. Follow the directions to start your amendment.
3. Select Federal.
4. Under  Wages & Income, find IRA, 401(k), Pension Plan Withdrawals (1099-R).
5. Select Add/ Edit to the right.
6. Select Edit, to the right of your 1099-R entry.
7. Continue until you  get to Where is your distribution from?
8. Select Bailey settlement retirement benefits.
9. Keep going until you submit your amended tax return

If you used our CD/download product:

1. Open up your return and select “Amend a filed return.”
2. Answer the first few questions, then select your reason for amending.
3. Select Federal.
4. Under  Wages & Income, find IRA, 401(k), Pension Plan Withdrawals (1099-R).
5. Select Add/ Edit to the right.
6. Select Edit, to the right of your 1099-R entry.
7. Continue until you  get to Where is your distribution from?
8. Select Bailey settlement retirement benefits.
9. Keep going until you submit your amended tax return