Retirement tax questions

To enter your OK State retirement pension Form 1099-R, do the following:

1. Go to Wages & Income on the left panel within your TurboTax account
2. Click on the +Add more income box
3. Scroll down to Retirement Plans and Social Security and click the down arrow to expand
4. Click Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R)
5. Click on +Add a 1099-R (Here, you may import or type in by selecting the Change how I enter my form box
6. On the next screen, you can select Type it in myself, or other options, then Continue
7. Select the box on the top left for Financial institution or other provider (1099-R), then Continue
8. Enter the provider's information, then Continue
9. Enter the details from your Form 1099-R, checking for which Distribution Code was used in Box 7 (or review if imported), then Continue
10. Next, "Let's get more information about your RMD", enter the distribution amount (which in your case is also the RMD), Continue
11. Next, select, The entire distribution applied to the December 31, 2025 RMD, Continue
12. Next, in the Review your 1099-R summary, Continue (not the pencil)
13. Continue answering the questions
14. Next, when you see "Let's go over any required minimum distributions (RMD), select Continue (not the pencil)

Note: During the State return portion of your retirement entries, you will be asked if it pertains to a Public Security Officer (PSO) retirement plan, to determine elgibility for State programs. For example, OK may allow you to exclude up to $10,000 of retirement income from your State taxes, so be sure to keep an eye out for this during the prompts.