Pension Recorded as an IRA

[Jat454]

My wife gets a pension from the town that she worked for, and I entered her 1099R info into the TTX desktop. In the summary of our income the 2024 column has her pension recorded as pension. In the 2025 column it is zero but is included in IRA Dist Taxable above it. Is this correct?

[ReneV4]

Because summary screens might combine different amounts, the best way to ensure that your wife's pension is being properly handled by TurboTax is by reviewing your Form 1040.

Since you are using TurboTax Desktop, you can switch to Forms Mode to review your 1040.

In Forms Mode, click on Form 1040 on the left panel, then check Lines 4 and 5:

• Line 4a is where IRA distributions should appear
• Line 5a is where Pensions and Annuities distributions should appear

If you see the pension amount on Line 5a, your entry is correct. If it is appearing on Line 4b, however, go back to your 1099-R entry and ensure the IRA/SEP/SIMPLE box is not checked. If that box is accidentally checked, TurboTax will show the amount on the IRA line.