turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

72575_2
New Member

Do we need to file 1099-R if not taxable?We have no pw/usr name. Always call on phone?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Do we need to file 1099-R if not taxable?We have no pw/usr name. Always call on phone?

A 1099-R is a distribution from a retirement plan.  The IRS will likely assume it is taxable and send you a bill unless you report it on your tax return and include some reason why it is not taxable.

Do we need to file 1099-R if not taxable?We have no pw/usr name. Always call on phone?

Yes you do.    If not entered, the IRS can assume that all the box 1 amount is taxable income and send you 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.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question