Do 1099 R Thrift Saving Plan funds transferred by retiree to NFCU Savings or Certificate or Money Market Account is it taxable?

[MichaelL1]

It is taxable unless it went into a Traditional IRA account with the NFCU. 

 If it is regular savings or money market account outside of an IRA it is taxable income.

 To enter pension and annuity Payments (1099-R)

• Click on Federal Taxes
• Click on Wages and Income
• 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
• Then carefully answer the questions that follow.