Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
lyndonmorgan
New Member

Should I add a 1099R to my already posted tax returns. It was for a rollover with no taxable income. it will have no effect, I think, on my taxes, but need to get input?

 
1 Best answer

Accepted Solutions
AnnetteB
Intuit Alumni

Should I add a 1099R to my already posted tax returns. It was for a rollover with no taxable income. it will have no effect, I think, on my taxes, but need to get input?

Even though a rollover distribution would have no tax effect on your return, you should include it as part of your tax return in order to file a complete and accurate return.

Since you have already filed, once your return has been accepted you can file an amended return to include the information on the Form 1099-R. 

If you choose not to file an amended return, you may not suffer any consequence, but it is possible that the IRS would contact you for not including the 1099-R on your return. 

Here are the instructions for amending a 2017 tax return.

https://ttlc.intuit.com/replies/6603004


View solution in original post

1 Reply
AnnetteB
Intuit Alumni

Should I add a 1099R to my already posted tax returns. It was for a rollover with no taxable income. it will have no effect, I think, on my taxes, but need to get input?

Even though a rollover distribution would have no tax effect on your return, you should include it as part of your tax return in order to file a complete and accurate return.

Since you have already filed, once your return has been accepted you can file an amended return to include the information on the Form 1099-R. 

If you choose not to file an amended return, you may not suffer any consequence, but it is possible that the IRS would contact you for not including the 1099-R on your return. 

Here are the instructions for amending a 2017 tax return.

https://ttlc.intuit.com/replies/6603004


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~