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Raynakapec
Returning Member

Disability Pension 1099-R, Early Retirement

I retired at age 49, a disability retirement.  The State of CA has 50 as the lowest retirement age.  I have a 1099-R to input.  When asked to input the youngest age I could have retired had I not become disabled, after I input "50", turbotax asked "What did you do with the money from the retirement system?  The choices are 1) moved it to another retirement account or returned it to the same retirement account, or 2) did something else with it.   I did NOTHING with it.  I simple started receiving my retirement income.  How confusing.  I chose "returned it to the same retirement account" but can't be sure that was right.  Why does Turbotax assume I had to do anything with the account?  As if I was required to??   Thanks for any info.

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2 Replies
robtm
Level 10

Disability Pension 1099-R, Early Retirement

The correct answer is you did something else with it, even if you just stuffed it under your mattress. If you received money you had to do something with it. Even doing nothing is doing something.

Raynakapec
Returning Member

Disability Pension 1099-R, Early Retirement

I did NOTHING with it!!  It never was withdrawn!!  I did not receive any money from it!  I did nothing and the money never left the retirement account.   I know how to answer a question if I did anything with it.  I was not required to do anything, my retirement started to be distributed to me on a monthly basis.  Can anyone else shed light on this??

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