Question says "Did you get a 1099-R in 2021?". I got one in 2022 for a 2021 withdrawal. Do I say yes or is that for next year?

Forum|Forum|3 years ago
October 17, 2022
8 replies
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xmasbaby0

Level 15

Are you preparing a 2021 tax return? Is your 1099R for the withdrawal you took out in 2021? Then say yes and enter your 1099R.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Critter-3

Level 15

FYI ... all 2021 tax reporting forms are issued and sent to you in Jan of 2022 but they are still 2021 documents to be entered on a 2021 return. Next January of 2023 all the 2022 tax docs will be issued and mailed.

BatsLXXIIAuthor

Level 2

That's what I would think too, but the question when doing taxes is not clear. It says "Did you get a 1099-R IN 2021?" not "FOR 2021?", which I think it should be changed to. I even called the funds company who said that my form was sent early this year (what I thought) and that the form would be used for next year's taxes. Color me more confused......