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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

Missouri Form MO-A Section C states only line 1 or line2 should be filled in; however, with line 1 populated software will not let me electronically file with line two populated with a zero.

How do I enter my SSA-1099 SM in the online version of turbotax?

The help screen says to go to the Wages & Income section under Social Security, but I do not find such a section

Determining earnings/losses on IRA recharacterization

I accidently made too much last year and am not eligible to contribute directly to a Roth IRA for 2024. I maxed out my contributions for the year beforehand so now I need to recharacterize the $7000 that I put in. I requested all the securities purch... read more

What do I do if I can't get my spouses social security number?

We are not living together, (no legal separation), and can't find her ssn nor will she give me that info, what do I do?

529/1099Q section appears to be broken. I entered a rollover distribution and turbo tax is saying it is taxable.

where do I list retirement funds on my 1099R?

from my 1099R

Turbotax saying difference between RMD amount and actual distribution that is inaccurate

My husband has 3 inherited IRA accounts which he receives a 1099-R for. For all three, he takes the RMD amount exactly, and ONLY the RMD amount as a withdrawal near the end of each year. We entered the 1099-R info for each of the 3, via upload and co... read more

My 1099-R and W-2 show state income tax withholdings but TurboTax isn't including them in my itemized deductions and the automated help is useless. Any suggestions?

inherited IRA

When my mother died in 1995, I rolled over her pretax pension monies into an annuity. For 30 years (the max at that time) I received a payout and recorded the taxable monies on my tax return. No problem. This year for the first time Turbo Tax asked w... read more