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Federal Review It asks if I am covered by a retirement plan at work

When completing the Federal review within TurboTax it is looking for additional deductions and the first question is it asks if I am covered by a retirement plan at work.  Not sure how to answer that because I am retired and I receive a 1099R from my employers pension.  So how should I answer that question about a retirement plan at work?  I thought I should answer no because I am no longer employed but I recieve a  W2 for benefits they have paid on my behalf but I can't contribute the retirement plan so I am no longer employed and retired.  How should I respond to that question??

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MinhT1
Expert Alumni

Federal Review It asks if I am covered by a retirement plan at work

In your case, you should answer: No, you aren't covered by a retirement plan at work.

 

Your are covered if you receive a form W-2 with Box 13 - Retirement plan checked.

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4 Replies
MinhT1
Expert Alumni

Federal Review It asks if I am covered by a retirement plan at work

In your case, you should answer: No, you aren't covered by a retirement plan at work.

 

Your are covered if you receive a form W-2 with Box 13 - Retirement plan checked.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

Federal Review It asks if I am covered by a retirement plan at work

Thank you and BOX 13 of my W2 is NOT marked and yes I do believe I should mark it NOT COVERED.  Thanks for your help!

rudyright
New Member

Federal Review It asks if I am covered by a retirement plan at work

I am retired also but my retirement payments end of the year form is a 1099R not a W2. Is no still the correct answer?

DawnC
Expert Alumni

Federal Review It asks if I am covered by a retirement plan at work

In your case, you should answer: No, you aren't covered by a retirement plan at work.   @rudyright 

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