Required minimum distribution is received in a separate check how does that work when entering into TurboTax. Combine 1099 R’s?

Forum|Forum|6 years ago
April 23, 2020
4 replies
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TurboTax Online

macuser_22

Alumni - Champ

After entering one 1099-R press the "add another 1099-R" button.

Enter a 1099-R here:

Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).

OR Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.

Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.

[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

KM1508

Level 2

If I receive multiple RMD from the same financial institution (I have 8 1099-R forms) and the Tax ID is the same for all as well as the distribution code and info, can I combine all the amounts into one form on Turbo Tax?