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The Required Minimum Distribution (RMD) is the mandatory amount that must be withdrawn from most retirement accounts each year.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

How can I use the turbo tax app to tell me what taxes I can expect for next year with a 401K withdrawal?

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.

This answer has been verified for accuracy by an Intuit expert employee Social Security-The Turbo Tax software does not appear to be correctly calculating the taxable portion of social security for married filing jointly. Is there a solution?

I entered total Soc Sec from box 5 on the SSA-1099. Completed the remainder of the income section. In the Federal Tax review, the total income used includes 100% of the Soc Sec income when it should be only 85% according to IRS publication 915-Worksh... read more

Should line 2a amount be used on a 1099R that has box 7 "Distribution code" marked as code 4?

box 1 shows 28,000.00 Box 2a "taxable amount" shows 12000.00

what if the reason for 1099-mISC was not provided by mybroker? It is only $13.00 but TT is requiring a reason

Mich MI‑1040CR. TT does not include nontaxable pension income in THR. Mich requires ALL pension income to be included. TT calcs wrong Homestead Property Tax Credit

The State Forms Team needs to fix this. Michigan has changed the pension taxable amount from 25 - 50-75 and now 100% (up to 75k for single). those amounts need to be added back in for proper calculation of homestead property tax credit.

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

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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!

How can I use the turbo tax app to tell me what taxes I can expect for next year with a 401K withdrawal?

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.

This answer has been verified for accuracy by an Intuit expert employee Social Security-The Turbo Tax software does not appear to be correctly calculating the taxable portion of social security for married filing jointly. Is there a solution?

Should line 2a amount be used on a 1099R that has box 7 "Distribution code" marked as code 4?

what if the reason for 1099-mISC was not provided by mybroker? It is only $13.00 but TT is requiring a reason

Mich MI‑1040CR. TT does not include nontaxable pension income in THR. Mich requires ALL pension income to be included. TT calcs wrong Homestead Property Tax Credit

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

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Featured Topics

This answer has been verified for accuracy by an Intuit expert employee Social Security-The Turbo Tax software does not appear to be correctly calculating the taxable portion of social security for married filing jointly. Is there a solution?

Unlock tailored help options in your account.

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Ready to start your taxes?