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Retirement tax questions
No. They are completely different.
Form 1099-K tracks income you receive, usually through credit cards or processors like PayPal, Venmo, Square, Etsy, Uber, or Ebay, for selling goods or providing services.
See this TurboTax Help article.
Form 1099-R is used to report the distribution of retirement benefits such as pensions and annuities.
See this TurboTax article.
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‎April 11, 2024
2:59 PM