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Do I enter information from Trustee consolidated tax reporting statement?

I retired last year and rolled over my 401(k) to an IRA. I received a consolidated tax reporting statement summarizing forms 1099-DIV, 1099-INT, 1099-MISC, and 1099-B. Do I enter any information from that statement on my tax return?

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2 Replies
GeorgeM777
Expert Alumni

Do I enter information from Trustee consolidated tax reporting statement?

No, because it is a consolidated tax reporting statement for your IRA.  If it was a 1099-B for your retail (taxable) account, then yes, that form would be uploaded, or you could enter the transactions manually, because those dividends, interest, capital gains would be taxable.  However, IRA transactions do not need to be entered.  

 

If you withdraw funds from your IRA, you will get a 1099-R and you will enter that 1099-R into TurboTax. 

 

@Bragg504

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Do I enter information from Trustee consolidated tax reporting statement?

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