Retirement Tax Tips and Answers | TurboTax® Support

Retirement tax questions

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

Help with Overcontribution for 2023 made in 2024

In 2024, I went to my bank that I have my RothIRA set up and contributed the full $6,500 for the past year, 2023. When doing my taxes on turbotax in April, it popped up that I had overcontributed by $2537. I informed my bank of this and asked them to... read more

How do I remove Not valid for employment from my dependents' Social Security on TurboTax?

It was added accidently.

mother has no social security number but but i will be filing for a itn with form w7

itn w7

I contributed to a Roth IRA in CY2024 but had no income then withdraw it and earnings in CY2025

I contributed $3000 to a Roth IRA in CY2024. It gained about $800 that year. I had no earned or other income. I did not file Fed income taxes in CY2025 since I had no income. Then in July 2025, I withdrew the $3,000 plus $800 as an excess contributio... read more

If the IRS states that a 1099-R was not reported, but the amount is listed in the tax return, how do you reconcile it with the IRS?

The IRS sent a letter stating that "retirement income taxable" from the form 1099-R was missing from our 2023 tax return; however, we reported the amount shown in the 1099-R and also selected in turbo tax that the entire balance in the traditional IR... read more

IRS 8608

Hi,I set up a traditional IRA in 2024 and put in nondeductible contribution. But I forget to file IRS 8608 with my 2024 return. How can I amend the siution? What form do I need to file? Appreciate your help!

How do tax work ih 401k after leaving country ? Left in January still going through immigration so I believe still a us reisdent ? Does standard deduction still apply

I fleed the country and wondering how taxes will work left in January still going through immigration so I believe I'm still considered a us resident unlikely to have any income in new country this year and wondering how I would do next tax return ? ... read more

Turbotax insists there is a 1099-T but nobody in my family attended school. I can't view or delete the form. How do I proceed?

Medicare form SSA-44 help

I took financial advice from a banker to convert a traditional (not Roth) IRA from non-deductive (IRS form 8606) principle and convert the nondeductible portion into a Roth IRA after being told he had done it many times and that the conversion would ... read more

Do I have to pay state tax in Pennsylvania if I withdraw from my work 401k and I'm over 59 1/2?

what is a 1099?

what does 1099 R mean?

Where to enter"Retirement Benefit benefit (contribution) made by Foreign employer

Living abroad and qualify for the foreign income exclusion. Do not qualify for an IRA or 401k - which foreign employer does not provide. Foreign employer does provide a "Retirement Benefit payment" . which goes into a taxable account Where is this Re... read more

Where on my tax form 1040 SR, should I see the amount of my Voluntary Federal Income tax withheld from my Social Security benefits?

I see in section 25b of 1040SR- my taxes that were withheld from my TDAs., but not from my SS benefits. I checked on the Turbo Tax form and the correct amount was typed in. Am i missing something?