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Retirement tax questions
It sounds like you've reached a section with questions pertaining to older versions of pensions. You should likely select "None of the above".
Your two retirement related sources of income are reported separately, with each having its own Form 1099-R.
As you review or revise the entries to your Form 1099-Rs, select "No" when asked about periodic payments, which often triggers the additional questions about taxable amount method.
Also, pay close attention to the Box 7 Code used in each of the Form 1099-Rs.
A distribution from an inherited retirement plan will typically have Code 4 (which tells the IRS this is an inheritance and you will not owe an early withdrawal penalty, regardless of your age).
A distribution from your 401k plan, on the other hand, will typically have a Code 7 (if you are at retirement age), or Code 1 (if you are under age 59 1/2).
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