topic Re: Should I indicate that somewhere? in Get your taxes done using TurboTax

Should I indicate that somewhere?

tevans1 — Wed, 11 Feb 2026 05:14:11 GMT

My wife and I are both retired. Should I indicate that somewhere?

Re: Should I indicate that somewhere?

JohnB5677 — Tue, 26 Mar 2024 19:24:13 GMT

Yes, You can indicate that you are retired. It is in the My Info section of your TurboTax software.

To enter your "Occupation" as Retired in TurboTax in the Online program:

Log into TurboTax
On the left banner select My Info
Select your Name
Scroll down to Occupation
Make your entry
Repeat this for your wife.

Just as a note.

It is only used by the IRS for information purposes.
It has no Impact on your tax return.
Your are however, will make a difference, regardless if you're retired.

Please contact us again with any additional questions.

Re: Should I indicate that somewhere?

xmasbaby0 — Tue, 26 Mar 2024 19:34:41 GMT

The IRS does not use "occupation" for anything that affects your tax due or refund. They only use occupation for statistics. So, you can use "retired" as an occupation if you want to. Otherwise, the IRS is not really interested in knowing that you are retired. The IRS just wants you to report your income---whatever kind of income that happens to be----W-2 income, investment income, self-employment income, retirement income, rental income, interest income, etc.etc.etc.