topic 1099R form has changed since first filling it out in Get your taxes done using TurboTax

1099R form has changed since first filling it out

johnpd — Thu, 20 Feb 2025 13:11:02 GMT

I have been waiting for a fix for a bug on the Arizona Form 323 for well over a week. When I started TurboTax today I saw there were updates to Arizona, but none that fixed my original issue. Apparently there were also changes to the 1099R form. Now I receive errors on the two 1099R forms I have. One is related to a pension plan from which I receive benefits and the second is from a traditional IRA. The error relates to RMD amounts. There is no RMD in regards to pensions. I do not see anyway of designating this form as relating to a pension plan instead of an IRA. How can this be fixed???

I was able to remove the error on the IRA 1099R. I would like to file my taxes, but bugs keep popping up preventing me from doing so. Please let me know how to fix the pension form.

JohnD

Re: 1099R form has changed since first filling it out

dmertz — Thu, 20 Feb 2025 14:23:41 GMT

Pension plans are subject to RMDs, it's just that you never hear about that because the pension payments always satisfy the required distributions for the pension.

Re: 1099R form has changed since first filling it out

SteamTrain — Thu, 20 Feb 2025 15:03:49 GMT

Edit each 1099-R again. Updates to the software have introduced some new questions that are supposed to help the RMD calcs and questions.

But yes, the regular payments you get from a pension provider are considered an RMD (once you reach age 73).......you just have no control over the amount...that was pre-determined by the provider when your pension payments started...but TTX doesn't ask about them until you reach age 73.

Re: 1099R form has changed since first filling it out

johnpd — Thu, 20 Feb 2025 16:39:07 GMT

This is the first I have heard of this. In the over 20 years I have been receiving this benefit, I have never had to indicate anything regarding RMD. And this did not exist on the form when I filled it out a couple of weeks ago. It came out of thin air in the latest update. I have plugged in the amount I received as the RMD, indicated that it was an "Other" "Type of account", and that removed the error. I am still waiting for the fix to Arizona Form 323 so I can file everything.

BTW, if I save everything (all forms and worksheets) to a PDF, nothing below the "Qualified Charitable Distribution" section shows up for the 1099R forms.

JohnD