Military retirees and annuitants receive a
Form 1099-R either electronically via
myPay
or as a paper copy in the mail each
year.
When you have your
Form 1099-R, follow these steps to enter into TurboTax:
- Sign in to your TurboTax account
- Click on Federal Taxes tab
- Click on Wages & Income tab
- Scroll down to Retirement
Plans and Social Security
- Click Show more and
click Start next
to IRA, 401(k), Pension Plan Withdrawals (1099-R)
- IRA, 401(k), Pension Plan Withdrawals (1099-R)
Once you enter your
1099-R from your military pension, make sure you continue to answer questions
through all the follow up screens. They will ensure your military pension
is reported correctly and carried over to any state return correctly.
Note: Military
pensions are considered non-qualified plans.