Retirement tax questions

 

 


@stephanimorris02 wrote:
The 1099R does show up on my tax return but not on line 16.

 


Then exactally where does it show up?


Are you over the youngest age that you could retire if you were still working?    With a code 3, TurboTax will ask if you are older or younger than that age.  As dmertz said, if younger then any taxable amount would go online 7 as wages and if box 2a was zero then there would be no entry at all.  If older then the box 1 amount would be on line 16a.

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**