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posted Sep 17, 2019 8:36:25 PM

My 1099-R Pension qualifies as NON-taxable toward housing. How or Where do I enter this?

TheIRS had tried to disqualify this last year, but a recent judgement stopped IRS for now. They may take this to the SCOTUS.

0 2 591
2 Replies
Not applicable
Sep 17, 2019 10:31:41 PM

as far as the tax laws are stated,  up to $10,000 for lifetime can be used to buy FIRST principal residence. it's subject to regular income taxes but not the 10% penalty.  if you desire to enter something contrary to TT programming you'll have to do it manually and thus will not be able to efile.     also TT accuracy guarantee is invalid if you override.   the 10,000 only is for IRA's and not for other pensions. 

 

 

if you can cite a code section saying the distribution is non taxable, please cite it.  

 

 

 

Level 15
Sep 18, 2019 4:35:16 AM

If you are asking about a retired minister's housing allowance, see the following:

https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-parsonage-or-housing-allowance-on-a-1099-r/00/26884