Retirement tax questions

This is a 1099R summary worksheet and you are limited to a $3,000 deduction as a Public Safety Officer, so you might have entered an amount greater than $3,000 or entered an amount for one 1099R and another one as additional amount and the two amounts total over $3,000.

To fix this you will need to go to Federal Taxes and EDIT the 1099R entries.

To EDIT pension and annuity Payments (1099-R)
•    Click on Federal Taxes
•    Click on Wages and Income
•    Click on I'll choose what I work on (if shown)
•    Scroll down to Retirement Plans and Social Security
•    On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Then after the 1099R you will get questions about the $3,000 medical deduction (and make sure that amounts entered do not exceed $3,000).


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