topic This is not a stock sale but the monthly payout from an annuity set up by her employer when she retired in 2000? in Retirement tax questions

This is not a stock sale but the monthly payout from an annuity set up by her employer when she retired in 2000?

vdansk — Wed, 25 Mar 2020 23:09:08 GMT

How do I post this?

Re: This is not a stock sale but the monthly payout from an annuity set up by her employer when she retired in 2000?

DoninGA — Wed, 25 Mar 2020 23:11:06 GMT

Were the annuity payments reported on a Form 1099-R?

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

Re: This is not a stock sale but the monthly payout from an annuity set up by her employer when she retired in 2000?

macuser_22 — Wed, 25 Mar 2020 23:11:25 GMT

How is if reported? If on a 1099-R:

Enter a 1099-R here:

Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).

OR Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.

Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.

[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]