1099R

When entering a 1099R and selecting qualified plan the questions it asks me is if I invested the $$ into another retirement account or cashed it out. I receive monthly checks for my retirement so neither one. What do I do?

posted

If you received checks the you cashed it out (i.e. you got the money).

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**