401k distribution mistake

Forum|Forum|5 years ago
December 23, 2020
2 replies
14 views

Your crap software wont allow me to go back & correct a mistake

DoninGA

Level 15

Using the 2020 TurboTax Self-Employed online edition and the 2020 TurboTax desktop Premier edition, no issues with entering, editing or deleting tax data from 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

VolvoGirl

Level 15

FYI - If you edit or review a 1099R it does not keep your answers from before but resets them to the defaults. Then you have to go through and answer them all again. So be sure to go all the way to the end of the 1099R section. They are right unless you go back.