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norm927
New Member

Is DBS Service Retirement Annuity considered a qualified plan?

When I enter my 1099-R for my CALSTRS (Benefit type: DBS Service Retirement Annuity) on the Federal forms, TurboTax asks if it is part of a qualified plan.  This payment is in addition to my Caltsrs 1099-R for Benefit type: "retirement service". Is this DBS annuity also considered part of a Qualified Plan?

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2 Replies
MichaelG81
Expert Alumni

Is DBS Service Retirement Annuity considered a qualified plan?

It depends, best thing to do is contact the plan administrator, TurboTax can't always determine the plans type only with the code in the box 7 of your 1099-R. Here's a guide to Common Qualified Plan Types from the IRS. 

 

@norm927 

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Is DBS Service Retirement Annuity considered a qualified plan?

during service, did you make contributions to the plan out of payroll deduction?

If yes, it is a qualified plan.

@norm927 

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