Retirement Tax Tips and Answers | TurboTax® Support

Retirement tax questions

I'm a US citizen, but I live in Japan. I have an after-tax retirement annuity in the US. When I receive annuity money, which country gets to tax it?

Which article(s) of the tax treaty provide the explanation?

How do I enter SSA-1099? Turbo Tax auto enter $0.00 after 1099-Rs were entered. Cannot update Soc Sec.

Canadian Social Security NR4 filling US 1040

I already send my return and i added amount from NR4 code 46 with my US social Security. Do i need to make an amendment?

Exceeded 401k Contribution

I exceeded my 401k contribution limit in 2023, and have successfully withdrew the excess deferral and earnings by 4/15/2024. I am still working on my 2023 tax return, if I report the excess deferral as "other income", do I need to include earnings in... read more

I received a Schedule K-1 for an investment in an IRA account. Should a Schedule K-1 been issued for an investment in an IRA account?

It seems to me that this will end as taxable income and should not be since it remains in my IRA account.

How do I enter an NR4 Canadian pension plan income code 46 using turbotax software?

Recovering from wrong amount in attempted Timely Withdrawal of Excess Roth Contribution

I made excess Roth contributions for 2021 and 2022 (early in the next calendar year, $7000 each year), and discovered this in 2023 before filing for 2022. Before the filing deadline (as extended for California), I withdrew enough to cover both the 20... read more

1099-R Box 14a for efiling New York State withholdings can not be greater than or equal to gross distribution or state distribution (nothing in box 16 on my form).

Box 1 and 14 are filled in, box 16 is empty. Wont allow me to emfile

Roth IRA

Do I need to report to report Roth IRA withdrawals in my tax report?

Where do i enter social security form 1099 in tubortax

2023 Ira deposit made after 04/15/2024 how can I fix it so it will show as a 2023 contribution

I made the contribution on 04/24/2024

1099-R NYS withholding

I used zero for box 14 so I could get my taxes filed on time. Will NYS see my excessive withholding and send it to me or do I need to amend my return?

CHET 529 CT state tax deduction

I have two CHET 529 accounts, one for each of my two children (beneficiaries). I file taxes jointly with my wife. I see that we can deduct a maximum of $10,000 from our CT taxable income, but it's not clear if we can deduct $10,000 per each 529 accou... read more