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How do I enter State of Oregon Public Employees Retirement System income under Wages? I was able to do this for the year 2020.

 
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2 Replies
LeonardS
Expert Alumni

How do I enter State of Oregon Public Employees Retirement System income under Wages? I was able to do this for the year 2020.

Generally, you receive a 1099-R for retirement income. Retirement is not entered as wages. 

 

To enter your 1099-R for your State of Oregon Public Employees Retirement System Income follow these steps:

  1. Open (continue) your return if you don't already have it open
  2. Search for 1099-R and select the Jump to link in the search results
  3. Answer Yes on the Did you get a 1099-R? screen
    • If you land on the Review your 1099-R info screen instead, select Add Another 1099-R
  4. Answer any questions until you get to the import screen. You'll be prompted to enter your financial institution account info and TurboTax will directly import your forms
    • If you prefer to type it in yourself, select Change how I enter my form.

This link Where do I Enter My 1099-R has information you may find helpful

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How do I enter State of Oregon Public Employees Retirement System income under Wages? I was able to do this for the year 2020.

Do you work for the Retirement System or get a pension from them?  Did you get a W2 or a 1099R?

 

For a 1099R 

The easiest way to get to the 1099-R entry screen is to simply search for 1099-R (upper- or lower-case, with or without the dash) in your TurboTax program and then click the "Jump to" link in the search results.

 

Enter a 1099R under

Federal Taxes Tab or Personal (Home & Business)

Wages & Income at the top

 

Then scroll way down to Retirement Plans and Social Security,

Then IRA, 401(k), Pension Plans (1099R) - click Start or Revisit

 

If you are filing a Joint return be sure to pick which person it is for.

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

 

 

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