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New Member
posted Jan 28, 2020 4:57:41 AM

Under other tax situations, under additional tax payments, under extra tax on early retirement withdrawals, where is the option for alt. payee for QDRO?

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1 Best answer
Level 15
Jan 28, 2020 5:18:40 AM

The box labeled "Alternate Payee Under QDRO" is only presented by TurboTax is you have entered a Form 1099-R for a taxable distribution from a qualified retirement plan (401(k), 403(b), 457(b) or the federal TSP).  Such a Form 1099-R will have a code 1 in box 7 and the IRA/SEP/SIMPLE box will not be marked.  IRAs are not eligible for this penalty exception; transfer of an IRA incident to divorce is not done under a QDRO.

1 Replies
Level 15
Jan 28, 2020 5:18:40 AM

The box labeled "Alternate Payee Under QDRO" is only presented by TurboTax is you have entered a Form 1099-R for a taxable distribution from a qualified retirement plan (401(k), 403(b), 457(b) or the federal TSP).  Such a Form 1099-R will have a code 1 in box 7 and the IRA/SEP/SIMPLE box will not be marked.  IRAs are not eligible for this penalty exception; transfer of an IRA incident to divorce is not done under a QDRO.