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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
February 1, 2020
10:08 AM
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