Retirement Tax Tips and Answers | TurboTax® Support

Retirement tax questions

Video Guide on Entering Qualified Charitable Distributions (QCDs) for the 2025 Tax Year

If you are aged 70 1/2 or older, a Qualified Charitable Distribution (QCD) offers a powerful way to reduce your taxable income while supporting your favorite charities. A QCD is a transfer of funds made directly from your IRA (excluding active SEP or... read more

Retirement Video Guide 2025: Entering Your Required Minimum Distribution (RMD)

The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year. If you turned 73 in 2024 or earlier, understanding these rules and accurately reporting the income on your 2025 tax return... read more

Traditional IRA vs. ROTH IRA: Which is better?

Which is better depends on your financial goals, income, and tax situation. While nobody can predict future tax laws, we have a fairly good understanding that more income usually means higher tax rates. For tax planning you should consider your curre... read more

Retirement Plans: Taxing Distributions!

Is it time to retire? You’ve worked your whole life - setting aside some of your hard-earned dollars to ensure a comfortable retirement. Now it’s time to reap the benefits of your savings! Know your options and gather the knowledge to reduce taxes, e... read more

Retirement Plans: Tax Savings Galore!

The best place to begin your retirement tax savings is with expert knowledge! You’ll find that in the The Golden Years Guide to Tax-Free Retirement, which is filled with great tips from financial experts in-the-know. Most people are familiar with a 4... read more

Of I only have form 1099-RI am retired?

What do I do if I only have form 1099-R. I am retired I don't have an Employee.

How do I add state disability benefits to my taxes ?

The Turbotax program 2025 deducted the full amount of our social security benefits stating we owed 0. Why did the program do this? Need a Turbotax rep's explanation?

How do I skip 1099. I did not receive a 1099.

How do I find out my taxable amount for my annuities

What is the EIN for the Social Security Administration, SSA?

I do not see an EIN number on the SSA-1099. How do I find it?

1099-NEC - Damage Award - how to make it non-taxable in Turbo Tax

A car manufacturer issued a 1099-NEC for the damage award he paid for the new vehicle that was declared as a lemon under the Lemon Law. Turbo Tax treats this as taxable when it should not. How do we report it but make sure it is not taxable in Turbo ... read more

Can I enter a 1099R correction for a QCD coded in box 7 as T but should be Y?

Can I correct a 1099R for a Qualified Charitable Distribution coded as taxable, T, but should be Y.

Trying to do efile but 1099-R does not show a value other than zero for box 9a. If I attempt to enter a value like 0.01 I get a new error message saying I can't do it

It seems like this is a bug as I have entered in all the boxes correctly for my 1099-R but it keeps flagging box 9a because there's a 0 in it which matches what the bank sent me. TT s/w bug or era somewhere else in my form?