MaryK4
Expert Alumni

Retirement tax questions

If you entered the information on your 2023 return (using the TurboTax guidance that created a 1099-R for the entry), you do not have to do anything for 2024.  If you did enter the 1099-R, TurboTax would indicate based on the P and J codes, that you would have to go back and amend your 2023 return (but since you proactively reported, you do not need to amend).  

I recommend keeping a copy with your tax records. 

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