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Returning Member
posted Jul 5, 2020 3:03:30 PM

1099R

0 5 614
5 Replies
Level 15
Jul 5, 2020 3:17:56 PM

So we are supposed to guess what your question is?

 

Best guess:

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

 

If that is not the information you need, please ask a complete question.

 

Level 15
Jul 5, 2020 3:18:19 PM

See new post for complete question.


paid up life insurance provides dividend statemrnt on 1099-R/ turbotax treats it as ira; i want to insert as 1099-div

 

 

Returning Member
Jul 5, 2020 3:22:40 PM

can i just report the dividend as  investment dividend

Level 15
Jul 5, 2020 3:26:50 PM

Just enter the 1099R.  It is taxed the same either way.  As ordinary income.

Level 15
Jul 5, 2020 3:37:18 PM

Documents are reported to the IRS by the financial institutions that issue them.   Yours issued a 1099R to you.  Report it as a 1099R and then what you put on your tax return will match what was reported to the IRS.

 

Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.