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Retirement tax questions
Yes, you will need to complete the review process for all your 1099 R for the following reasons.
- Accuracy: Ensuring that all the information imported is correct helps prevent errors in your tax return. Mistakes can lead to delays in processing or even audits.
- Completeness: Sometimes, not all data fields are imported correctly. Reviewing helps you catch any missing information.
- Follow-up Questions: TurboTax may have additional questions related to your 1099-R forms that need to be answered to complete your return accurately.
Mostly data imports may have missing or incomplete information and this is the main reason why each 1099 R needs to be review. Better to be safe than sorry.
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‎February 11, 2025
11:41 AM