topic 1099R in Retirement tax questions

1099R

buschfam — Sat, 13 Feb 2021 22:13:44 GMT

When entering a 1099R and selecting qualified plan the questions it asks me is if I invested the $$ into another retirement account or cashed it out. I receive monthly checks for my retirement so neither one. What do I do?

Re: 1099R

DoninGA — Sat, 13 Feb 2021 22:16:11 GMT

Select you cashed it in or some other purpose since this is pension/retirement income.

Re: 1099R

macuser_22 — Sat, 13 Feb 2021 22:18:40 GMT

If you received checks the you cashed it out (i.e. you got the money).