topic I entered disability pension on line 4b; I don't have other wages: $0 line 1. I'm younger than typical retirement age. Turbo tax moved pension to line 1 on 1040. Ideas? in Retirement tax questions

I entered disability pension on line 4b; I don't have other wages: $0 line 1. I'm younger than typical retirement age. Turbo tax moved pension to line 1 on 1040. Ideas?

threebackpacks — Mon, 03 Jun 2019 20:14:07 GMT

TT did it correctly. Per the IRS: Line 1 includes disabi...

SweetieJean — Mon, 03 Jun 2019 20:14:09 GMT

TT did it correctly. Per the IRS: Line 1 includes disability pensions shown on Form 1099-R if you haven’t reached the minimum retirement age set by your employer.

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf at page 27.

That is why it is important to enter the forms (such as a 1099-R) via the interview, and not directly on the tax form itself.

This is helpful, thank you, I read what you linked too......

threebackpacks — Mon, 03 Jun 2019 20:14:10 GMT

This is helpful, thank you, I read what you linked too.....though now with it this way on the 1040, it is seen as WAGES on financial aid documents, which is not accurate. Ideas?

You may want to attach an explanatory statement to the fi...

SweetieJean — Mon, 03 Jun 2019 20:14:12 GMT

You may want to attach an explanatory statement to the financial aid app.