topic CalPERS 1099R in Retirement tax questions

CalPERS 1099R

accusox — Fri, 09 Aug 2019 05:21:52 GMT

I retired on a tax-free medical disability retirement in 1992 from CalPERS, and receive a 1099R each year. This is the first time I have used Turbo Tax and do not see any entry for my type of 1099R. Any help would be greatly appreciated.

Thanks.

Jim

Re: CalPERS 1099R

mesquitebean — Fri, 09 Aug 2019 05:33:30 GMT

I'm going to ask someone familiar with retirement situations and reporting to assist you in this thread, but it likely won't be until morning.

@dmertz Greetings. Are you able to please assist this user when you are next in the forum? Thanks!

Re: CalPERS 1099R

accusox — Fri, 09 Aug 2019 06:03:32 GMT

Thank you.

Re: CalPERS 1099R

mesquitebean — Fri, 09 Aug 2019 06:14:15 GMT

You're welcome. In the meantime, you might post some info that might help save time.

Does Box 2a have an amount in it, or does it show 0.00, or is it blank?
What is indicated in Box 2b? Are there any checkmarks?
What is the distribution code in Box 7?
Is there a checkmark or no checkmark for IRA/SEP/SIMPLE in Box 7?

Re: CalPERS 1099R

dmertz — Fri, 09 Aug 2019 12:38:25 GMT

As far as I know, a Form 1099-R from CalPERS is informationally no different than any other standard IRA Form 1099-R. Enter the Form 1099-R exactly as received under Wages & Income (or Personal Income) -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R), then answer the follow-up questions. If the Form has code 3 in box 7, TurboTax will ask for the normal retirement age for the CalPERS plan and, if you were under that age, report the income on Form 1040 line 1 as wages rather than as pension income on line 4.

https://www.calpers.ca.gov/page/retirees/taxes/understanding-your-1099r-tax-form

Re: CalPERS 1099R

accusox — Fri, 09 Aug 2019 17:53:15 GMT

This was an error on my part. I missed the area where to enter all the information from my 1099-R. This is my first attempt at TurboTax and learned to take each box one at a time along with carefully reading each area.

Thank you for all your help.

Re: CalPERS 1099R

dentvod — Sun, 12 Oct 2025 05:02:24 GMT

As an only 28%, Workers Comp retired in 2015, with increasingly less hand motion issues I thank you for pointing out to them there's troubles for some, sure maybe a minority, but growing & aging group that are finding it's getting more difficult to do our part in finalizing or getting through each Year's tax process, especially having to pay money when we have little or nothing extra and seems like the cost goes up every year in the process just to find out that we owe nothing. A first number 1 or 3 step beyond identifying us is are we fit, healthy or recovering again from this years latest illness?

Re: CalPERS 1099R

xmasbaby0 — Sun, 12 Oct 2025 17:33:28 GMT

@dentvod You are posting to an old thread that has had no activity since 2019. Not quite sure what your tax question is for us in 2025. If your only income is workers compensation, it is not taxable and you are not required to file a tax return at all unless you have a 1095A for having marketplace health insurance.

Who has to file?

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F

If you have other income besides the workers comp, then you might need to file, but you do not enter workers comp on a tax return.

Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site

https://apps.irs.gov/app/freeFile/

Or—if you live in certain states you may be eligible to use the new IRS Direct File

In Filing Season 2025, Direct File will be available in Alaska, Arizona, California, Connecticut, Florida, Idaho, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin, and Wyoming.

https://directfile.irs.gov/

https://home.treasury.gov/news/press-releases/jy2629