KenH1
New Member

Retirement tax questions

It depends on when the distribution was made, not when the check was deposited.  In all likelihood, this was a 2017 distribution and would be reported next year.

If this was a 2016 distribution and you're just getting the check now, contact your employer's payroll or tax department to get a 2016 1099-R form, which should be reported on your taxes.  Then do this:

In TurboTax, enter your 1099-R just as it is issued.  When back at the summary screen, TurboTax will then ask a series of questions so the program can determine if the amount is taxable or not. 

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