Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
TurboTax has you covered during Covid. Get the latest second stimulus info here.
Showing results for 
Search instead for 
Did you mean: 
Returning Member


I received a 1099-R form with no federal taxes withheld for the year 2020.  I initially claimed zero exemptions.  My 1099-R did not exceed $11,000.00.  Do I need to include this 1099-R in my Turbotax for my 2020 tax year ? 

2 Replies
Level 15


Yes you sure do need to report it.   Depending on the type of account the box 1 amount might be taxable and even if it is not, unless you report it the IRS will assume that it is and send a bill.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Returning Member




Thank you  !  !  !

Privacy Settings