1099r retirement

Forum|Forum|7 years ago
June 6, 2019
2 replies
38 views

If I am 64 years old am I required to enter the 1099R distribution as income?

TurboTax Premier Online

Best answer by null725

Absolutely, yes. There is no age limit on income tax. You must report each and every 1099-R that you get and there is no age at which income is not taxable.

null725Answer

Level 13

Absolutely, yes. There is no age limit on income tax. You must report each and every 1099-R that you get and there is no age at which income is not taxable.

ffilcdar

Level 2

Where do I enter this type of income plus SS income

DoninGA

Level 15

@ffilcdar wrote:

Where do I enter this type of income plus SS income

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

To enter Social Security benefits reported on form SSA-1099