Not sure what is meant by and "updated amount for my pension". Please clarify.
In TurboTax Online, report a pension or retirement distribution reported on the IRS form 1099-R as follows:
- Down the left side of the screen, click on Federal.
- Down the left side of the screen, click on Wages & income.
- Click the down arrow to the right of Retirement Plans Social Security.
- Click to the right of IRA 401K Pension Plan Withdrawals.
- Select Add another 1099-R.
- At the screen Let's import your tax info, select Change how I enter the form.
- At the screen How would you like to upload your 1099-R, select Type it in myself.
- At the screen Who gave you a 1099-R, select the correct distribution. Select Continue.
- Continue through the entry screens.
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