RetiredEastFalls
Returning Member

Pension income distribution language in Turbo Tax

I started receiving monthly payments from my pension plan in 2019.  It is a qualified pension plan.  Turbo Tax asks "What did you do with the money?" and then gives me a choice of either saying I moved to another retirement account (which I did not) or I "did something else with it (cashed out, etc.)".  

 

I don't understand this question.  I didn't "cash out" the pension plan; I am getting a monthly income payment from it.  How should I reply to this question.  HELP!