Does it matter if a 1099-R is in mine or my husbands name?

sarahhhh528 — Sat, 01 Jun 2019 05:08:23 GMT

Does it matter if it's linking a 1099-r form to my name when it was actually in my husbands name? (We are filing jointly)

Yes, it does matter and it can be very important to your...

AnnetteB — Sat, 01 Jun 2019 05:08:26 GMT

Yes, it does matter and it can be very important to your tax return depending on the type of distribution being reported.

It should not make a difference to your bottom line refund or balance due, but certain types of distributions will add another form to your tax return that would be tied to a single individual and not a joint tax return.

You should go back to the 1099-R section of your return and make the correction to show whose 1099-R is being reported.

When you go back to take a look at the Form 1099-R that you entered, there is a question on the screen titled, “Tell Us Which 1099-R You Have” where you will designate This Form 1099-R Belongs To next to your name and your spouse’s name. Choose the appropriate one and be sure to answer the follow-up questions with that person in mind.

To go back to the 1099-R section of your return, use these steps:

On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “1099-R” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to 1099-R”
Click on the blue “Jump to 1099-R” link

Click Edit beside any 1099-Rs that you have already entered to verify the ownership of the form and make any necessary changes. Then Continue through all the follow-up questions.

topic Does it matter if a 1099-R is in mine or my husbands name? in Get your taxes done using TurboTax

Does it matter if a 1099-R is in mine or my husbands name?

Yes, it does matter and it can be very important to your...