topic 1099r retirement in Retirement tax questions

1099r retirement

creyes52 — Thu, 06 Jun 2019 09:57:28 GMT

If I am 64 years old am I required to enter the 1099R distribution as income?

Absolutely, yes. There is no age limit on income tax. You...

jerry2000 — Thu, 06 Jun 2019 09:57:30 GMT

Absolutely, yes. There is no age limit on income tax. You must report each and every 1099-R that you get and there is no age at which income is not taxable.

Re: 1099r retirement

ffilcdar — Wed, 22 Jan 2020 14:20:46 GMT

Where do I enter this type of income plus SS income

Re: 1099r retirement

DoninGA — Wed, 22 Jan 2020 14:25:54 GMT

@ffilcdar wrote:

Where do I enter this type of income plus SS income

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

To enter Social Security benefits reported on form SSA-1099

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On Social Security (SSA-1099, RRB-1099), click the start or update button

Or enter ssa-1099 in the Search box located in the upper right of the program screen. Click on Jump to ssa-1099

Re: 1099r retirement

LarryK1 — Wed, 22 Jan 2020 14:37:34 GMT

In the "Retirement Plans and Social Security" section under "Wages and Income" in TurboxTax, you need to Add a 1099-R form for each one you received or use the Step-by-Step questions to enter the information.

Re: 1099r retirement

ffilcdar — Thu, 23 Jan 2020 15:19:15 GMT

Thanks so much did it