Solved: I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

posted

The 1099-R does not indicate if you rolled the money into an IRA or not...(the 1099-R may look the same for those who do)

so, since you used the money for your general living expenses...or put in the bank (but not into an IRA)

....you just select the answer..."I did something else with it (cashed out, etc)"

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

View solution in original post

The 1099-R does not indicate if you rolled the money into an IRA or not...(the 1099-R may look the same for those who do)

so, since you used the money for your general living expenses...or put in the bank (but not into an IRA)

....you just select the answer..."I did something else with it (cashed out, etc)"

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Can I say I'm a full-time student to avoid receiving the Retirement Savings Contribution credit and thus avoid paying for TurboTax deluxe? I'm not a student.

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

Get more help

Do you have a TurboTax Online account?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

Do you have an Intuit account?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

I am getting money from the SC State Retirement System in the form of a check every month. Why is it asking me What I did with the money from the Retirement System?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert