turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

mgbarnes
New Member

Why is there a question re retirement (1099r)? I have always filed using 1099R and never having to offer explanation.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Why is there a question re retirement (1099r)? I have always filed using 1099R and never having to offer explanation.

What questions?  Where?  In Turbo Tax or did you get a letter from the IRS?  Did you turn 7 0 1/2?  When you turn 70 1/2 it could ask you if you made a QCD charity contribution or if you took the RMD.  Why did you get a 1099R?  Are you taking a pension  or a IRA withdraw?  

 

 

Why is there a question re retirement (1099r)? I have always filed using 1099R and never having to offer explanation.

If this was a pension payment and you are being asked if the amount received was a RMD just answer Yes and Continue.  All pension payments are a RMD.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies