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Re a 1099-R it asks if I received periodic payments. I receive monthly payment, income already recorded on this tax form. Does this mean other payments or the same ones?

This question was raised after the page where I entered the data from the 1099-R form about my income and taxes paid on that income.
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1 Reply
AmyC
Employee Tax Expert

Re a 1099-R it asks if I received periodic payments. I receive monthly payment, income already recorded on this tax form. Does this mean other payments or the same ones?

Yes, periodic payments is asking if you got monthly payments, as an example instead of a lump sum.

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