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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

Fidelity No Longer Available to Download documents From?

I wanted to download 1099-R that was indicated as available from Fidelity and went to connect to Fidelity in program and it is no longer there? It was there 3 days ago? What happened?

I only contributed $4,136 to my HSA, but Turbotax is saying that I have an excess contribution of $2,092. Why is this if the contribution limit for an individual is $4300

Is anyone else have issues inputting Pension or IRA information? I keep getting the form isn't ready.

What is I paid taxes on a distribution and have my 1099r NOW?

Counted as income but I am below IRS threshold to file with distribution, I should get refund on taxes paid, correct?

Does anyone know how turbo tax calculates how much Social Security Tax withholding should be. They said my employer took out to much. My employer wants details.

When doing my taxes using turbo tax free I was alerted that my employer took out to much for my Social Security Tax withholding and was instructed that I had to notify my employer that I needed a W2 correction and a refund of the overpayment. I email... read more

why won't turbo tax let me enter my 1099 NEC income before my expenses

When I go into the wages and want to enter my 1099 Nec income for my small business it takes me to expenses first. I want to enter all of my 1099 income first