Retirement tax questions


@ratanshah wrote:

You only refer to Box 5 on SSA 1099. My 2nd SSA-1099 has items in box 3, Box 4 and then box 5. Do each item gets combined? Would have been easier if Turbotax had a 2nd column for individual so that can be correctly added as both forms get sent to IRS ( I think Separate ).

 

Ratan


Box 5 on the SSA-1099 is the Net of box 3 minus box 4.  There is no need to have those boxes listed as the IRS only wants to see the total box 5 amounts from all SSA-1099's received on the tax return.