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lvduke07
New Member

How do I enter 2020 RMD $ as wages?

 
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4 Replies

How do I enter 2020 RMD $ as wages?

You don't enter it as wages.  You should have a 1099R for it. 

 

The easiest way to get to the 1099-R entry screen is to simply search for 1099-R (upper- or lower-case, with or without the dash) in your TurboTax program and then click the "Jump to" link in the search results.

 

Enter a 1099R under

Federal Taxes Tab or Personal (Home & Business)

Wages & Income at the top

 

Then scroll way down to Retirement Plans and Social Security,

Then IRA, 401(k), Pension Plans (1099R) - click Start or Revisit

 

If you are filing a Joint return be sure to pick which person it is for.

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

lvduke07
New Member

How do I enter 2020 RMD $ as wages?

I have already replied to this Email.

It was not helpful.

 

 

 

How do I enter 2020 RMD $ as wages?

@lvduke07 - why would you want to enter the RMD under wages?  as noted above it doesn't go there - why was that not helpful?

How do I enter 2020 RMD $ as wages?

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