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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

Turbo tax 1099 form says "we still need some required information" but won't let me input. What to do?

MAGI/IRMMA

I am estimating 2026/2027 MAGI for the purpose of reducing IRMAA, SSA-44. Due to an upcoming retirement, June 2026, annual income will be significantly reduced, lower W2 income in 2026 and no W2 income in 2027, married filing jointly. The amount used... read more

I’m entering a 1099-R. I have one for a state that is not on the list. How do I get this data entered?

Annuity Start Date

Benefits Began: 5/30/2007Date of first regular monthly payment: 10/01/2007Turned 55 years of age on 06/10/2009 I can not determine what date Turbo Tax wants me to use as the annuity start Date. I tried 10/07, 05/07, 06/09, 07/09 and 10/09. I tried 10... read more

Can I enter an amount for 2025 employer and payroll contributions (Box 12 of your W-2) if its greyed out?

I paid for early refund, it was accepted by IRS 2-12-26, it’s stuck in limbo what do I do to fix this? You guys checked it first so I’m confused, why pay early refund.

Turbo tax determined my SS income was not taxable. The IRS disagreed. Anyone else run across this ?

My IRA RMD was downloaded my IRA accounts by Turbo Tax but was incorrectly overstated. I didn't catch it until after filed. Caused me $541 extra Fed tax.

I can prove it with PDF tax statements from IRA accounts. TurboTax should fix this, not me.

Can I insert my 20-25 social security benefit statement

This answer has been verified for accuracy by an Intuit expert employee Gift of monet

I want to give my daughter and son-in- law a 27000.00 gift of money to pay off their car. Would they have to claim that money on their taxes?

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Featured Topics

Video Guide on Entering Qualified Charitable Distributions (QCDs) for the 2025 Tax Year

Retirement Video Guide 2025: Entering Your Required Minimum Distribution (RMD)

Traditional IRA vs. ROTH IRA: Which is better?

Retirement Plans: Taxing Distributions!

Retirement Plans: Tax Savings Galore!

Turbo tax 1099 form says "we still need some required information" but won't let me input. What to do?

MAGI/IRMMA

I’m entering a 1099-R. I have one for a state that is not on the list. How do I get this data entered?

Annuity Start Date

Can I enter an amount for 2025 employer and payroll contributions (Box 12 of your W-2) if its greyed out?

I paid for early refund, it was accepted by IRS 2-12-26, it’s stuck in limbo what do I do to fix this? You guys checked it first so I’m confused, why pay early refund.

Turbo tax determined my SS income was not taxable. The IRS disagreed. Anyone else run across this ?

My IRA RMD was downloaded my IRA accounts by Turbo Tax but was incorrectly overstated. I didn't catch it until after filed. Caused me $541 extra Fed tax.

Can I insert my 20-25 social security benefit statement

This answer has been verified for accuracy by an Intuit expert employee Gift of monet

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Featured Topics

This answer has been verified for accuracy by an Intuit expert employee Gift of monet

Unlock tailored help options in your account.

Get more help

Ready to start your taxes?