AnnetteB6
Expert Alumni

Retirement tax questions

Even though you mentioned that you are taking the standard deduction and the medical premiums shown on your Forms 1099-R will not affect your return, I wanted to share the results of examining your diagnostic tax file in detail.  

 

When the Form 1099-R is entered and there is a number reported in box 5, the amount can represent more than one thing.  Medical insurance premiums is one of the options.  There is a specific follow-up question that comes up after entering the Form 1099-R that asks for the amount from box 5 that was used for insurance premiums.  Looking at the inputs from the diagnostic tax file, this amount was entered in the follow-up question for the taxpayer's Form 1099-R.  The amount was not entered in the follow-up question for the spouse's Form 1099-R.  

 

Using the test file, the follow-up question about box 5 for the spouse's Form 1099-R was entered and the data was carried to the appropriate forms without any issues.

 

@Chuck C1 

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