topic Where do I enter a 1099 R on the form 1041 in Get your taxes done using TurboTax

Where do I enter a 1099 R on the form 1041

rlakersk — Sat, 01 Mar 2025 23:20:36 GMT

I am filing form 1041 using TurboTax Business. The Estate received a 1099-R which is reported under the Estate EIN number. Where on the form 1041 do I enter the amount shown in gross distribution amount sown on the 1099-R in box 1. All boxes are Zero. Distribution code is 4G. Thanks!

Re: Where do I enter a 1099 R on the form 1041

PatriciaV — Tue, 04 Mar 2025 19:36:56 GMT

In TurboTax Business, Form 1099-R for an estate is entered under Other Income from the Income tab. The description would be "Form 1099-R Code 4G."

Re: Where do I enter a 1099 R on the form 1041

rlakersk — Tue, 04 Mar 2025 21:44:28 GMT

Thanks. Follow on question-where do I show the income received on the 1099R being rolled in to an Inherited IRA? Distribution to beneficiary which is the deceased?

Thank you!

Re: Where do I enter a 1099 R on the form 1041

RobertB4444 — Tue, 04 Mar 2025 22:32:48 GMT

The distribution to the deceased should be entered on a final tax return that covers the portion of the year that they were alive. The rollover 1099-R should either be entered on that same tax return or on the estate tax return depending on who it is issued to.

@rlakersk