Permanent pension plan filing 1099-R

Forum|Forum|5 years ago
March 7, 2021
6 replies
42 views

I installed the TT 2020 to a new PC. I would not be able to link back to my TT from pervious year and need to do the software from scratch. When filing for my pension for life 1099-R, TT 2020 did not ask me what "Simplified Method Used Last Year", example, number of months, annuity start date, and plan cost etc., etc.. It treated my pension for life 1099-R as a lump sum for 2020. As a result, my Federal Tax Due jump up to several thousand dollars. I tried to redo the input form several times and still not getting it correctly. Need help.

Pension Plan

VolvoGirl

Level 15

Why couldn't you transfer from 2019? Don't you have the .tax2019 file on your computer? Or did you use the online version? There are ways to transfer online to Desktop.

sammaycAuthor

Level 2

Good question! Where do I find this file with .tax2019?

sammaycAuthor

Level 2

Hi Volvo Girl,

Thank you for your suggestion. I saved my TT 2019 forms and files. Wonder where is this .tax2019 located? Example, in the Installer file? Import file? Forms file? Or the 32bit file? Thanks!