ThomasM125
Expert Alumni

Retirement tax questions

You should report the form 1099-R as it is reported to you. You will then make an adjustment to "other income" as a negative amount to remove the taxable income reported on your return as follows:

 

1. Go to the "Federal" section of TurboTax

2. Click on "Income and Expenses"

3. Find "Less Common Income" and choose the last entry "Miscellaneous Income"

4. On the next screen, "Miscellaneous Income" choose the last entry "Other Reportable Income"

5. Enter a description for your entry (Dup pension inc reported), and enter the taxable amount you want to exclude from income as a negative number

 

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