topic Re: 1099-R Input in Retirement tax questions

1099-R Input

TRLavender — Thu, 18 Feb 2021 21:58:42 GMT

I am trying to input the 3 1099-R forms that I received and I keep getting the message......"The retirement Income Area Will Be Ready Soon".........the IRS is still working on finishing up the Distributions from Pensions, IRA's etc. for 2020.

When will this part of my return be available so that I can complete it?

Re: 1099-R Input

DaveF1006 — Thu, 18 Feb 2021 22:18:47 GMT

This might be because of the Coronavirus-Related Distributions)), which has not been finalized by the IRS. If these distributions were COVID related, the 8915-E Form required to be filled out is projected to be e-fileable starting 02/24/2021

Please sign-up here and we will email you once the form is live.

Re: 1099-R Input

TRLavender — Thu, 18 Feb 2021 22:29:00 GMT

These 1099-R's were as a result of my recent retirement and roll over of my 401-K and Pension Plan to my retirement fund and are taxable. Box 2A on all three forms show taxable amount of $0.00 as I have not taken any distributions on them. Must I enter them on my return anyway?

Re: 1099-R Input

DaveF1006 — Thu, 18 Feb 2021 22:44:36 GMT

When you say taxable, were they rolled over into a Roth or into another tax-deferred account? Also did you have an RMD requirement this year? Also, what is the distribution code in the 1099-R's? Lastly, what Turbo Tax program are you using, Online or software?