topic Re: 1099R in Get your taxes done using TurboTax

1099R

mungfish — Sun, 05 Jul 2020 22:03:30 GMT

Re: 1099R

xmasbaby0 — Sun, 05 Jul 2020 22:17:56 GMT

So we are supposed to guess what your question is?

Best guess:

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

If that is not the information you need, please ask a complete question.

Re: 1099R

rjs — Sun, 05 Jul 2020 22:18:19 GMT

See new post for complete question.

paid up life insurance provides dividend statemrnt on 1099-R/ turbotax treats it as ira; i want to insert as 1099-div

Re: 1099R was used to report dividends on insurance policy

mungfish — Sun, 05 Jul 2020 22:22:40 GMT

can i just report the dividend as investment dividend

Re: 1099R was used to report dividends on insurance policy

VolvoGirl — Sun, 05 Jul 2020 22:26:50 GMT

Just enter the 1099R. It is taxed the same either way. As ordinary income.

Re: 1099R was used to report dividends on insurance policy

xmasbaby0 — Sun, 05 Jul 2020 22:37:18 GMT

Documents are reported to the IRS by the financial institutions that issue them. Yours issued a 1099R to you. Report it as a 1099R and then what you put on your tax return will match what was reported to the IRS.

Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.