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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

for the lump sum amount is that the 401k withdraw. i retired last year and took all my 401k..Help

Can I request a hardship waiver for an offset that take my taxes

My taxes were taken due to a offset can I request a hardship waiver to amend my refund?

What is a Pension Deduction Worksheet? They're asking for date of conversion. Don't know what they're talking about

what is a pension deduction worksheet

Report on a 1099-R form.

Why in my return showing my retirement distribution non-taxable

I use TT Deluxe. Been using TT for years. Until now (TY2025), when entering my CSA 1099R info in TT (TurboTax) I have always left box 2a blank since it is marked UNKNOWN, based on feedback from TT. Now, doing my taxes, the Gross distribution displays... read more

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?

Income Summary Tab Line Item Not Updating

on TTD 2025, on the Income Summary Tab, under the line-item for Income from 1099-MISC and the line-item for 1099-G, the screen still shows Available Now, even after data has been entered and DONE has been clicked. The amounts entered in those two lin... read more

Estimated tax payment vouchers for 2026 not populating in TurboTax Deluxe desktop

I need to do estimated tax payments for 2026, having just retired. I have entered all of my expected income amounts and the worksheet shows what I feel is the correct amount of taxes I will owe. But none of the vouchers are being filled out. When I g... read more