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You will enter your military pension from the Wages and Income section, on the left menu
Go to Wages and Income
Click the Change how I enter my form button.
And select the Type it in myself button.
Select if it is your pension or a survivor annuity from the Office of Personnel Management.
TurboTax will walk you through the entry from there.
If you need extra time and file an extension, it will waive failure-to-file penalties until October 18th. However, if you would have owed tax on April the 18th, the IRS will assess monthly late payment penalties and interest until you pay.
I recommend to extend your return with a TurboTax Extension and also pay your best guess of anything you may owe. If you overpay, it will be refunded. If you underpay, it will only calculate penalties on the part that was not paid.
TurboTax has a tool called TaxCaster to give you an idea of your tax liability and/or refund. You can vary different items and see how that could impact your return. Click for TaxCaster.
Thank you for your service.
BUT PLEASE NOTE THIS:
If it is a DFAS 1099-R...then it is NOT from OPM.
It is the upper left selection...just a simple 1099-R.
Financial Institution or Other Provider (1099-R)
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