MarilynG1
Expert Alumni

Retirement tax questions

Yes, all your 1099-R income shows on Form 1040, Line 5a.  The Taxable Amount shows on Line 5b.

 

When you entered your 1099-R  for your IRA Distribution, make sure the IRA/SEP/Simple box is checked (after Box 7) and it should show on Line 4a/b instead.

 

For tax purposes, they are taxed the same, though.

 

Here's more info on Form 1099-R.

 

 

 

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