Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
gtauke
New Member

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.

 
1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

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.

View solution in original post

1 Reply
Coleen3
Intuit Alumni

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.

View solution in original post

Dynamic AdsDynamic Ads
Privacy Settings
v