My mother is still alive and she received a lump some from her annuity. We need help filing form 1040. Can you help us?

[MichaelL1 · Accepted solution]

She would have a 1099R and it gets entered into TurboTax as follows:

To enter pension and annuity Payments (1099-R)

•    Click on Federal Taxes
•    Click on Wages and Income
•    Click on I'll choose what I work on (if shown)
•    Scroll down to Retirement Plans and Social Security
•    On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Then after it is entered exactly as received, you will get a number of questions regarding the lump sum and carefully answer these questions.