How can you avoid a pension payment reported on a 1099R being reported at Schedule C income?

They ask for a business or profession which I no longer have. I am retired. There is no business code for retired.

725

Expert Alumni

Mar 24, 2025 5:15:57 AM

In TurboTax, a form 1099-R is never reported on Schedule C.

Please make sure that you have entered your form 1099-R in the Retirement section.

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