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b3z4r9029
New Member

WHERE DO I REPORT MY RETIREMENT INCOME FROM MY PENSION FUND?

 
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3 Replies

WHERE DO I REPORT MY RETIREMENT INCOME FROM MY PENSION FUND?

You will get a 1099R for the pension.

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



WHERE DO I REPORT MY RETIREMENT INCOME FROM MY PENSION FUND?

That is not the question, I got two separate  funds.  The program only asked for one.

JosephF8
Expert Alumni

WHERE DO I REPORT MY RETIREMENT INCOME FROM MY PENSION FUND?

You'll get a 1099-R if you received $10 or more from a retirement plan. Here's how to enter your 1099-R in TurboTax:

  1. Open (continue) return if you don't already have it open.
  2. Inside TurboTax, search for 1099-R and select the Jump to link in the search results.
  3. Answer Yes on the Your 1099-R screen, then select Continue.

If you land on the Your 1099-R Entries screen instead, select Add Another 1099-R.

Select how you want to enter your 1099-R (import or type it in yourself) and then follow the instructions. You can add up to 20 1099-Rs.

 

Adding a 1099-R.PNG

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