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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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

I did a late backdoor roth conversion in 2026 for year 2025. I did not receive a 1099-R, so do I still need to report it under retirement wages and fill out form 8606?

Form 8938 vs FBAR? I have on my FBAR 1 Pension plan from a Canadian entity (no contribution received yet), two RRSP and one LIRA. Do both documents must match?

Recharacterize Tax for 2025 and 2026 in 3/2026 into Rollover IRA with Pretax Money - Can I do Backdoor Roth Conversion without pro-rata rule?

Recharacterize Tax for 2025 and 2026 in 3/2026 into Rollover IRA with Pretax Money Currently Rollover IRA pretax money of $852.90 is currently being rolled over to 403b plan once it processes. The recharacterization money 2025 contributed 7k and rech... read more

Wage, IRA & Pension Adjustments wks-desc must be entered

Trying to finalize my CA tax return, however, Wage, IRA & Pension Adjustment wks: other IRA Adj - Desc must be enteredother IRA adj - Desc But I can NOT go any further. How do I finalize my CA taxes? Yes, the IRA RMD was entered in my Federal tax doc... read more

Why does Turbo Tax change my Roth 401(K) to a Roth IRA and say I have excess contributions? My W2 has in box 12a code AA amount 15,100

This answer has been verified for accuracy by an Intuit expert employee How to correctly calculate maximum solo 401(k) employer and employee contributions; also have a W2 pension contribution on form W2 line 12 Code D

I received form W2 with pension contribution on line 12, code D; also have a business in which I am the only employee and for which I have opened a solo 401(k). I purchased TurboTax 2025 Home and Business and would like to maximize my tax deduction f... read more

is there a fix to a software error in the NJ Pension, Annuities and IRA Wks? The form says only line 4a or 4b should be entered, theres a zero in both; only 4a is correct

screenshots available; the AI is useless

Taxability of NYS inflation relief check

Hi (again), I received a $400 "inflation relief check" in 2025 from New York State. I'm trying to confirm whether or not it is taxable on my Federal return. Google/Gemini implies that it is NOT if you took the standard deduction in 2023(!) but I'd li... read more

How do I get my retirement earnings

How do i get my retirement earnings form for NC?

1099-OID line 11 doesn't flow thru to 1040 line 2a

TurboTax Deluxe 2025 has a bug where 1099-OID line 11 tax-exempt interest does not appear on form 1040 line 2a. How do I report this bug to TurboTax so taxes are done correctly?

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Featured Topics

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

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

Traditional IRA vs. ROTH IRA: Which is better?

Retirement Plans: Taxing Distributions!

Retirement Plans: Tax Savings Galore!

I did a late backdoor roth conversion in 2026 for year 2025. I did not receive a 1099-R, so do I still need to report it under retirement wages and fill out form 8606?

Form 8938 vs FBAR? I have on my FBAR 1 Pension plan from a Canadian entity (no contribution received yet), two RRSP and one LIRA. Do both documents must match?

Recharacterize Tax for 2025 and 2026 in 3/2026 into Rollover IRA with Pretax Money - Can I do Backdoor Roth Conversion without pro-rata rule?

Wage, IRA & Pension Adjustments wks-desc must be entered

Why does Turbo Tax change my Roth 401(K) to a Roth IRA and say I have excess contributions? My W2 has in box 12a code AA amount 15,100

This answer has been verified for accuracy by an Intuit expert employee How to correctly calculate maximum solo 401(k) employer and employee contributions; also have a W2 pension contribution on form W2 line 12 Code D

is there a fix to a software error in the NJ Pension, Annuities and IRA Wks? The form says only line 4a or 4b should be entered, theres a zero in both; only 4a is correct

Taxability of NYS inflation relief check

How do I get my retirement earnings

1099-OID line 11 doesn't flow thru to 1040 line 2a

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Featured Topics

This answer has been verified for accuracy by an Intuit expert employee How to correctly calculate maximum solo 401(k) employer and employee contributions; also have a W2 pension contribution on form W2 line 12 Code D

Unlock tailored help options in your account.

Get more help

Ready to start your taxes?