Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 10:25:38 AM

How do i enter a 1099r in turbotax business

I am using TurboTax Business to file taxes for a trust. We received a 1099R with federal withholding and there is no place to enter the details on the form for the trust. 

0 3 3857
1 Best answer
Level 15
Jun 1, 2019 10:25:40 AM

Click the Federal Taxes tab, click Income, and then click the Start button to the right of Other income or loss (see the first two screenshots).

 

To enter the withholding, use Forms Mode (click the Forms icon in the upper right side of the screen). In Forms Mode, open Form 1041, enter the federal income tax withheld on Line 25e, and check the 1099 box (see third screenshot).

 

 

3 Replies
Level 15
Jun 1, 2019 10:25:40 AM

Click the Federal Taxes tab, click Income, and then click the Start button to the right of Other income or loss (see the first two screenshots).

 

To enter the withholding, use Forms Mode (click the Forms icon in the upper right side of the screen). In Forms Mode, open Form 1041, enter the federal income tax withheld on Line 25e, and check the 1099 box (see third screenshot).

 

 

Level 4
Feb 8, 2021 11:47:56 AM

Received a 1099-R for trust and entered in the taxable amount in the "Other Income" tab.  The 1099 had a distribution code as 4D but there is nowhere to enter anything other than the taxable amount of the distribution.  I assume that it is not necessary to enter in anything other than the taxable amount of the distribution?

Level 15
Feb 8, 2021 12:01:59 PM


@ron6612 wrote:

I assume that it is not necessary to enter in anything other than the taxable amount of the distribution?


Correct. "4D" just indicates the distribution is due to death and is generally taxable.