The military retirement pay is entered as follows.
To enter pension and annuity Payments (1099-R)
- Click on Federal Taxes
- Click on Wages and Income
- 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
- Enter the 1099R exactly as received and then answer the questions that follow.
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The points are entered on the home loan as follows:
You will enter the points paid on the mortgage in the Mortgage Interest area. In this area, you will see it asking about points, and enter it here. To get to this area, follow the directions below.
To enter mortgage interest
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Under Your Home
- On Mortgage Interest, click on the start or update button