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How do I enter a 1099-R which lists two separate Fund Names and amounts?

 
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2 Replies
IreneS
Intuit Alumni

How do I enter a 1099-R which lists two separate Fund Names and amounts?

Are the two fund names on the same 1099-R?  Is there only one EIN for the payer?
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IreneS
Intuit Alumni

How do I enter a 1099-R which lists two separate Fund Names and amounts?

Since there are separate names and amounts, enter the information on two separate 1099-R entry forms.

To enter your 1099-R in TurboTax, please follow these steps:

  1. Click on Federal > Wages & Income.
  2. Scroll down to the Retirement Plans and Social Security section and click on the Start/Revisit box next to IRA, 4701(k), Pension Plan Withdrawals (1099-R).  [See Screenshot #1, below.]
  3. If you've already entered one (or more) 1099-Rs, you will see a screen Your 1099-R Entries.  Click on the link Add Another 1099-R[Screenshot #2]
  4. If you haven't yet entered a 1099-R, you will see the screen, Your 1099-R. Click Yes and then Continue.
  5. You can either import your 1099-R or click on the I'll type it in myself box. [Screenshot #3]
  6. IMPORTANT:  If you select to enter the information yourself, you will see a screen, Tell Us Which 1099-R You Have.  Be sure to mark the correct type. [Screenshot #4]
  7. Continue through the screens, answering the interview questions.



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