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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

program error in calculating additional taxes on RBD distibution

how do you bypass a 1099R temporarily?

to get the next 1099R when forms were pulled in from a prior year when using manual input?

On my documents page in TurboTax I see duplicate 1099-B and 1099-DIV forms. Should I delete each one of the duplicated forms?

Each of the duplicate pairs either says Autoimport or unknown at the end of the title.

First year converting post-tax contributions to an IRA that has never had pre-tax funds into a Roth. How do I enter this so that it does not show as income?

Box taxable not determined is checked, and I entered that I converted some or all to Roth, but it is still recognizing it as income and thus I would be paying taxes on that income twice.

In my Federal Review, the Turbo Tax program is referencing Form 1099-SA (Money out). I have selected and input information from Form 5498-SA (money in) How do I correct?

delete form 1099SA and start over with Form 5498SA?

My 2025 1099-Q form shows a $19000 distribution from my 529 account. How do I show on 1040 form that it was for a transfer directly into my granddaughter’s ABLE account?

The 1040 form shows it as a Gross distribution to me, not to my beneficiary disabled college student granddaughter.

How to enter Room & Board expenses in 1098-T / 1099-Q sections

Turbo Tax is not prompting for room & board expenses in this section (only Book expenses). How do I go about entering, in order to get the proper netting of 1099-Q and total college expenses?

I want to enter 1099-R information. Once I say I have more than one 1099-R, the program jumps me to Interest Income. Why can't I go directly to 1099R information input?

Hoe do I get to a page where I enter 1099-R information?

ITurbo Tax

Why the does Turbo tax keep sending me answers to my question that have nothing to do with my question. Nothing to do AT ALL. I am so sick of this piece of crab software.