Is the first pension payment (only one in 2016) a periodic payment (1099-R)? TurboTax asks if the amount entered on 1099-R was a periodic payment.

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Is the first pension payment (only one in 2016) a periodic payment (1099-R)? TurboTax asks if the amount entered on 1099-R was a periodic payment.

If you had had the pension payments for a longer time, would it have been periodic? In other words, is it set up to give you a particular amount each month? If so, then yes.

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Is the first pension payment (only one in 2016) a periodic payment (1099-R)? TurboTax asks if the amount entered on 1099-R was a periodic payment.

If you had had the pension payments for a longer time, would it have been periodic? In other words, is it set up to give you a particular amount each month? If so, then yes.