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posted Jul 1, 2020 4:45:20 PM

Annuity Simplified Method

My father-in-law is 89 & in assisted living facility & I am filing his taxes. It won't let me eFile without a pension Simplified Method value for the entire annuity, which I don't have access to. I already entered his entire $13K+ for taxable amount and Box 4  Federal withholding of $700+ . What value can I enter to finish & eFile?

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1 Replies
Expert Alumni
Jul 8, 2020 1:01:29 PM

You can return to the entry area for the 1099-R, delete it, and re-enter it.  This time when it asks if he received periodic payments, answer no and it will skip the interview for the annuity methods and report the entire distribution as taxable.