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creyes52
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1099r retirement

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

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.

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1099r retirement

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.

1099r retirement

Where do I enter this type of income    plus   SS income

1099r retirement


@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

  • 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 Social Security (SSA-1099, RRB-1099), click the start or update button

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

1099r retirement

In the "Retirement Plans and Social Security" section under "Wages and Income" in TurboxTax, you need to Add a 1099-R form for each one you received or use the Step-by-Step questions to enter the information.

1099r retirement

Thanks so much    did it

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