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makkmi
New Member

IRA money cashed in with taxes paid with voucher and check. .No 1099R. where do i report this income and taxes paid on the tax return?

 
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2 Replies
JohnB5677
Expert Alumni

IRA money cashed in with taxes paid with voucher and check. .No 1099R. where do i report this income and taxes paid on the tax return?

First, try to get the 1099-R.  Often they can be found online, or contact the administrator to get a copy.  

Once you confirm that you can't get the form.  You can prepare a substitute 1099-R.  Enter the information for a 1099-R as best you can.

  1. Wages & Income

  2. IRA, 401(k), Pension Plan Withdrawals (1099-R)

  3. Did you get a 1099-R in 2021? Yes

  4. Get ready to be impressed - Continue

  5. Select Change how I enter my form

  6. Type it Myself

  7. Continue the interview from here.

  8. In most cases, Box 7 is code 7

  9. There will be a question  Do any of these situations apply to you?

  10. Select I need to file a substitute 1099-R

  11. Continue through the interview

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IRA money cashed in with taxes paid with voucher and check. .No 1099R. where do i report this income and taxes paid on the tax return?

If you paid estimated taxes to the IRS by check, you will enter that under "estimates and other taxes paid" on the deductions and credits page. 

 

The trustee must issue a 1099-R if you withdrew money from an IRA.  Contact the broker or account custodian.

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