dmertz
Level 15

Retirement tax questions

In 2022 TurboTax

  1. Wages & Income -> IRA, 401(k), Pension Plan Withdrawals (1099-R)
  2. Enter the details from the code-P 2022 Form 1099-R
  3. When TurboTax asks, indicating that it is a 2022 Form 1099-R, not a 2023 Form 1099-R

2022 TurboTax will credit on Form 1040 line 25b the withholding shown in box 4 of this Form 1099-R and will ignore the taxable amount shown in box 2a.