How am I supposed to record a CSF 1099 R_LS? It is a small one time death benefit.

[MayaD]

The CSF 1099R is used by the OPM to report a retiree’s spousal survivor benefit income.

When you enter your 1099R make sure you select the correct form.

• Log in to your account.
• Select Federal from the left menu.
• Go to Wages and Income then Income and Expenses.
• Scroll down Retirement plan and Social Security.
• Select Edit next to IRAs,401K, Pension plans 1099R.
• Select Delete next to the 1099R.
• Select Add a 1099R.
• Continue to the screen Tell us Which 1099R you have and make sure to select the correct one.

[rtc]

Using TurboTax Business, where are you suppose to record a CSF 1099-R_LS?

[DawnC]

For what kind of return?   Search for 1099-R to be taken to Other Income.   @rtc 

[rtc]

I am filing on behalf of an estate.  So, i am using Turbo Tax Business.

[rtc]

There is no place to put in the gross distribution or the federal income tax withheld when using the "other income".

[MarilynG1]

In your personal tax return, go to Wages & Income > I'll choose what I work on.

Then on the page listing income topics, scroll down to Retirement Plans and Social Security > IRA, 401K, Pension Plan Withdrawals (1099-R).  Choose Start/Update.

On the next screen, choose I'll type it myself and Continue.

On the next page, select CSF-1099-R. and enter Payer Info on the next page, Continue. 

The next page will have entry boxes for Gross Distribution and Federal Tax Withheld.  Enter exactly as shown on your form.

@rtc 

[tallguy1963]

I received a small one-time lump sum death benefit from my brother's estate. It was for the three weeks of his last months annuity before he passed (he was retired federal). I entered the 1099-R_LS with Distribution Code 7 (Death Benefit) from the Office of Personnel Management - yet Turbo Tax thinks that I retired and is asking me about my "retirement plan" and "annuity start date, plan cost, etc."  Please help me, I would appreciate it!

[IsabellaG]

Are you sure that the distribution code is 7, not 4 for Death Benefit? Did you report this as a 1099-R?  If you reported this payment in that section as distribution code 7, that's for a normal distribution, not a death benefit. Please respond with any additional information concerning the form that you received.