1761189
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I change my status to retired and still use the on line service?

There is no option to change my employment status to retired.  I will receive nothing but 1099's to file with and no W2's.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

How do I change my status to retired and still use the on line service?

There is no filing status called "retired."  Your choices for filing status are Single, Married filing Jointly, Married Filing Separately, Head of Household, or Qualifying Widow(er)

 

If you want to use "Retired" as an "occupation" you can enter that in My Info.  It will have no effect on your tax return.  When you come to the screen to enter income read it carefully and if you will not have any W-2's for 2020 then there is a spot where you can click that you do not have any W-2's.  

 

You will enter your other income in a different place(s) in the software.

 

Will you have Social Security to enter?  You get a SSA1099 in January from Social Security:

Do not try to enter your SSA1099  or RR1099RB as a W-2.  Go to Federal> Wages & Income>>Retirement Plans and Social Security  (SSA1099 and 1099RRB) to enter your SSA1099.

 

 

Will you receive 1099R (s) for money from a pension plan  or from a retirement account?

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question