MarilynG1
Expert Alumni

Retirement tax questions

Choose 'other qualified plan'.  A 1099-R is considered a distribution from a 'retirement plan', even though that may not apply in your case.  In Box 7, you can enter Code D on line 1, and a 4 or 7 (whatever is on your form) on Line 2.

 

The amount in Box 2a will be the taxable amount. If asked for RMD, you can enter an amount equal to or less than the total distribution amount. Neither the IRS nor TurboTax know what your RMD should be (or even if you're required to take one), but this will get your entry into TurboTax without errors.

 

Here's more info on 1099-R for Pensions, Annuities, Retirement.

 

@BMac9 

@wexlerd1 

@EconTom 

@dp001 

@b7e00183d6f5 

 

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