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Retirement tax questions
Blame the Department of State. It appears that they never updated its Form 1099-R to incorporate the changes to Form 1099-R that the IRS introduced in 2020. Assuming that the form appears as shown by Ret FSO, enter into boxes 14, 15 and 16 of TurboTax's ordinary 1099-R form what is shown in boxes 12, 13 and 14 of the Dept of State form, respectively (enter by box name, not by box number). Boxes 15, 16 and 17 of the Dept of State form are informational and should not be entered on TurboTax's 1099-R form anywhere. The information from boxes 15, 16 and 17 might be useful in reporting medical expenses if you itemize deductions.
March 16, 2025
9:07 AM
1,398 Views