topic Re: Form 1099-R in Retirement tax questions

Form 1099-R

Jean781 — Wed, 11 Feb 2026 07:05:01 GMT

I got this for year 2023. Amount was transferred to investment. How do I file my taxes?

box 1–$95,000

box2a- $44,000

box 2b- X-total distribution

box 5-$50,000

box 7-7D

box 9a- 100%

box 16-$44,000

what do I do?

Re: Form 1099-R

LenaH — Tue, 30 Apr 2024 02:00:51 GMT

First, you will need to input your 1099-R. Then, on the screens that follow your input, you will be asked about rollovers. This is on the screen, Tell us if you moved the money through a rollover or conversion, which is below for additional reference. Answer this question according to the details of your transfer.

To get to the 1099-R area of TurboTax, please follow the instructions below:

Open your return.
In the Federal section, select Wages & Income.
Scroll to locate Retirement Plans and Social Security.
Select Start or Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R).

Re: Form 1099-R

SteamTrain — Tue, 30 Apr 2024 13:35:41 GMT

And you do need to be clear as to what kind if account it was transferred to...the button you select.....if it just went to a regular personal investment account...and not to any kind of IRA, then you'd select the last button.

For the box 7 code being a 7D...be aware that is actually two separate codes..a 7 and a D that go in two separate boxes at box 7.