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1950jpd
New Member

I am receiving a annuity for my retirement from the federal govt. is it supposed to be on my 1040-SR return?

I am receiving an annuity for my retirement from the federal govt. is it supposed to be on my 1040-SR return?
I was not asked for this information as I prepared my 1040.
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2 Replies
dmertz
Level 15

I am receiving a annuity for my retirement from the federal govt. is it supposed to be on my 1040-SR return?

Yes, the taxable amount must be included on Form 1040-SR line 4d and, if less than the full gross amount is taxable, the full gross amount must be included on line 4c.  TurboTax does this when you enter the Form 1099-R reporting the distributions and you answer the questions that follow.  Enter the Form 1099-R exactly as received under Wages & Income -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R).

1950jpd
New Member

I am receiving a annuity for my retirement from the federal govt. is it supposed to be on my 1040-SR return?

Thanks for your input. Much appreciated. (thought I was getting off too easy 😉

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