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New Member
posted Jun 1, 2019 10:58:36 AM

What version of turbotax do i need to report taxable income (1099-R?) from an IRA distribution?

Not sure which version, that's my question!

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1 Best answer
Level 15
Jun 1, 2019 10:58:37 AM

Every TurboTax edition supports entry of a Form 1099-R

To enter a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen.  Click on Jump to 1099-R

3 Replies
Level 15
Jun 1, 2019 10:58:37 AM

Every TurboTax edition supports entry of a Form 1099-R

To enter a form 1099-R -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Retirement Plans and Social Security
  • On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen.  Click on Jump to 1099-R

New Member
Dec 3, 2023 11:55:59 AM

Is this true for TurboTax for tax year 2023?

Level 15
Dec 3, 2023 12:18:46 PM

You can enter a 1099R into any version of TurboTax.

 

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.