Pension payments 1099-R

[jdccatspring]

Why does Turbotax ask for the value of my IRA when I am entering pension payments that are not associated with an IRA?  What should I enter?  It seems the value of an IRA should have no impact when considering payments from a separate pension plan that is not related to an IRA.

[DoninGA]

Are you entering the  Form 1099-R in the section for Retirement Plans and Social Security?  If so, did you check the box IRA/SEP/SIMPLE by mistake?

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
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

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

[VolvoGirl]

Watch out for the little IRA box between boxes 7&8 on the 1099R.