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1099R and Cares Act

Hi, because of the Cares Act and no RMD I did not receive a 1099R. How do I handle this through TurboTax? Should I just bypass the section to enter a 1099R since I was never sent one?

 

 

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1 Reply
DawnC
Expert Alumni

1099R and Cares Act

If you did not take an RMD - you will not get a 1099-R and you can skip that section.   However, if you took it and then put it back in the same account, you will still get the 1099-R and it needs to be entered.  There will be no tax effect, but you have to enter it if you received it because the IRS got it too and you don't want your tax return held up.  

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