PattiF
Expert Alumni

Retirement tax questions

You would enter the IRA distribution as a 1099-R. 

 

To enter form 1099-R:

  • Click on Federal Taxes
  • Click on Wages and Income
  •  Click on I'll Choose what I work on
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the Start Button

For the Federal ID number, use the Employer Identification Number.

For Box 7, use code 7 and check the IRA/SEP/SIMPLE box to indicate that this is an IRA distribution

 

@Odnanref1952 

 

 

 

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