All Retirement tax questions posts

Re: How can I report Traditional IRA in TurboTax if I recharacterize my Roth IRA contribution to be a traditional IRA contribution before 4/15/2026?

fanfare — Tue, 14 Apr 2026 04:43:05 GMT

recharacterization: the original amount to the first IRA you report as contribution to the second IRA, earnings move but that is ignored.
You must use a trustee-to-trustee transfer before the due date April 15,202x ( or Oct 15, 202x if 1040 was timely filed or extended).
You will instruct trustee to calculate the allocable earnings.

@priasinbox

Re: How do I post my ssearnings without a 1099?

DawnC — Tue, 14 Apr 2026 04:27:00 GMT

You can get a copy of your SSA-1099 from the Social Security Admin

When you get it - Where do I enter an SSA-1099?

Re: Excess 2025 Roth IRA Contribution - What to do?

fanfare — Tue, 14 Apr 2026 04:34:04 GMT

You can remove excess plus earning by Oct 15 if you have

Timely filed by tax day, or
requested an extension of time to file by tax day

Option 1 requires a 1040-X amendment.

Option 2 does not.

@taxesareamaze-ing

Depending on how well your Roth investment is going, you may want to wait six months.

After the extension deadline you pay a 6% penalty but your earnings will stay in the Roth IRA untaxed.

Brokerage firm did not process rmd by error. How do I add a form 5329 on turbotax?

michael-t-brooks1127 — Tue, 14 Apr 2026 04:19:08 GMT

How do I post my ssearnings without a 1099?

ruthtannenbaum5 — Tue, 14 Apr 2026 04:16:24 GMT

I need to post my ss earnings! How do I do it?

Where is Form SSA-1099 data required to be listed?

AF1954 — Tue, 14 Apr 2026 04:08:14 GMT

I receive a court order annuity payment from former spouse 1099-R form. On the annuity information page what do I put for plan cost? It only has a number in box 1.

mariah5359 — Tue, 14 Apr 2026 03:28:07 GMT

Re: I took my RMD a day late. What should i do?

kennyserb — Tue, 14 Apr 2026 03:26:18 GMT

How did you find 5329? Same scenario.... 2025 rmd wasn't paid until 1/2026. I found out I couldn't access that with TT-online, so bought desktop. So far, I'm not able to find that form at all, nor have I seen the any of that information as I go through entering info for that institution. uhhhggg..

Re: How/where do I enter 1099-LTC data?

pinch57 — Tue, 14 Apr 2026 03:21:36 GMT

Same here. Thank you!

Gotta scroll ALL THE WAY TO THE BOTTOM. Have been trying to find this for 3 years now. Glad you finally guided us to the right place.

Re: My father is a USPS retiree. How do I help him find his pension's RMD?

xmasbaby0 — Tue, 14 Apr 2026 03:16:12 GMT

When you enter a 1099R for a pension you just say it was all RMD. A pension fulfills the requirements for RMD.

My father is a USPS retiree. How do I help him find his pension's RMD?

papbrandt — Tue, 14 Apr 2026 03:13:20 GMT

Re: For elderly credit do I include my income and social security benefits

xmasbaby0 — Tue, 14 Apr 2026 03:11:00 GMT

Not sure what "elderly credit" you are referring to.

Do you mean this?

There is a credit for the Elderly and Disabled which is so small that very few people benefit from it—-it has not been updated/increased by Congress for decades.

ELDERLY OR DISABLED CREDIT https://www.irs.gov/help/ita/do-i-qualify-for-the-credit-for-the-elderly-or-disabled

Or are you trying to ask about something else?

For elderly credit do I include my income and social security benefits

Janjnr03 — Tue, 14 Apr 2026 03:06:14 GMT

I don’t understand what income to include

Re: What does "Summary of state and local tax refunds" mean? says it's from 1099-G, but unsure wh...

LindaS5247 — Tue, 14 Apr 2026 02:47:53 GMT

Summary of state and local tax refunds refers to the total amount of money refunded to you, or credited to your account, by a state or local government taxing agency during the previous calendar year. This information can be found on Form 1099-G, usually in Box 2.

You should receive Form 1099-G by mail from your state department of revenue. Many states do not mail these forms and require you to visit their revenue website to print them.

If you did not receive a form, you can find this number by looking at your state income tax return from the previous year, specifically looking for the refund amount you received.

The 1099-G is sent to you because the government must report these payments, but it is not automatically taxable on your federal return.

If you used the Standard Deduction on your federal tax return for the year that you paid the taxes (the year stated in Box 3), the refund is generally not taxable.

If you Itemized Deductions on your federal tax return (Schedule A) for that year and claimed a deduction for state and local income taxes, all or part of the refund is likely taxable.

Please return To Community if you have any additional information or questions and we would be happy to help.

Re: In review, how do I edit a 1099-R?

DawnC — Tue, 14 Apr 2026 02:45:06 GMT

Exit the review and go back to the 1099-R summary page. Click on Edit or the pencil icon to make changes and then go back to the review. Where do I enter a 1099-R? (this will take you to the 1099-R summary)

In review, how do I edit a 1099-R?

softhart1 — Tue, 14 Apr 2026 02:42:31 GMT

Re: How do fill out form 3468 in Turbo Tax Business?

andyoak — Tue, 14 Apr 2026 02:43:00 GMT

@douze_b I ended up switching to TurboTax Desktop so I could override the 6% to 30% (the incorrect Form 7220 filing requirement has been fixed in that version) and filed today, which was pretty seamless.

Unfortunately, I had already paid for Online, so that I could view/proofread the actual tax forms -- and of course, they don't want to refund it (even though their website states that they'll refund the fees if the product is unusable). I may have to have my credit card bank reverse it.

What does "Summary of state and local tax refunds" mean? says it's from 1099-G, but unsure where to find that from.

ghazalkhaqan98 — Tue, 14 Apr 2026 02:38:04 GMT

Re: On which form do I enter distribution which is reinvested within my Canadian Registered Retir...

Razi — Tue, 14 Apr 2026 02:21:16 GMT

HI Dave,

I visited the Sprintax site to determine the eligibility for a resident / non-resident, and based on the number of days that I have been in the USA, I am considered a resident for tax purposes [I had relocated to USA on August 03, 2024 and since then KI have been here]. So this means, the form 1040 is correct, however, I need to make corrections as per below message:

Use the "Canadian Registered pension" section in TurboTax to enter the income and foreign taxes paid. This is found under Wages & Income, Retirement Plans And Social Security Canadian Registered Pension Income. Select Start to the right of Canadian registered Pension Income.

So, the above will correct the RRSP portion but where to enter the distribution [reinvested] on my TFSA account?

Am I correct with my understanding?

Hope to hear from you. Thanks!

Re: I am 78 and still working. I took my RMD's from my IRA's. Can I make a contribution to my ira...

MaryK4 — Tue, 14 Apr 2026 02:06:23 GMT

Yes, you can continue to make contributions to your IRA at age 78 as long as you have earned income. Under the SECURE Act of 2019, the age limit for making contributions to a Traditional IRA was repealed.

You must have taxable compensation (such as wages, salaries, or self-employment income) at least equal to the amount you contribute.