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

Form 1099R

mhbresee — Sat, 27 Feb 2021 16:47:39 GMT

I have input my 1099R distributions in Boxes 1 and 2. In the past, these amounts have linked to Line 14 on Form 1040, Line 4 IRA Distributions as Gross and Taxable. This year, they appear on Line 5 Pensions, Annuities...which they are not. I have deleted the 1099R worksheet several times and reinput the numbers, and the amounts keep posting to Line 5, which is not the correct category. How can I fix this, please?

Re: Form 1099R

DanaB27 — Sat, 27 Feb 2021 17:07:12 GMT

If the distribution is from from an IRA then please make sure that IRA/SEP/SIMPLE box is checked when you enter your 1099-R:

Login to your TurboTax Account
Click on the Search box on the top and type “1099-R”
Click on “Jump to 1099-R” and click "edit" next to the 1099-R
Verify that the IRA/SEP/SIMPLE box is checked

Re: Form 1099R

mhbresee — Sat, 27 Feb 2021 18:50:04 GMT

Thank you, Dana!!! That worked! Now, I need to figure out how to spread my distribution over 3 years re COVID disaster... More research!

Re: Form 1099R

ColeenD3 — Sat, 27 Feb 2021 20:02:21 GMT

You can use the actual form 8915-E to get a true idea of what you will be asked when filling out the form.

Form 8915-E