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wjcorb3
Level 1

Importing from Quicken

I have two(2) Pensions and when I import that info in TurboTax it comes in in one lump $$$.   I have named them differently, but they are 1099-R...   I have an annuity that is also a 1099-R that comes in separately. 

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Accepted Solutions
ThomasM125
Expert Alumni

Importing from Quicken

You should have a separate entry in TurboTax for each form 1099-R that is issued to you for your pension distributions. It is possible that both pension distributions are being combined on the same 1099-R form, in which case you don't need to worry.

 

Please follow these steps to view the form 1099-R's in your program:

 

1. Find the "Income and Expenses" menu option in your TurboTax program

2. Look for your pension entries under "IRA, 401(k), Pension Plan Withdrawals"

3. Click on the "Edit/Add"  box

4. Under "Your 1099-R Entries" you will see the form 1099-R entries in your program

 

Compare the entries in TurboTax with the actual form 1099-R's that you were issued. If any of them are incorrect, change or delete them and enter the correct information manually.

 

 

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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2 Replies
ThomasM125
Expert Alumni

Importing from Quicken

You should have a separate entry in TurboTax for each form 1099-R that is issued to you for your pension distributions. It is possible that both pension distributions are being combined on the same 1099-R form, in which case you don't need to worry.

 

Please follow these steps to view the form 1099-R's in your program:

 

1. Find the "Income and Expenses" menu option in your TurboTax program

2. Look for your pension entries under "IRA, 401(k), Pension Plan Withdrawals"

3. Click on the "Edit/Add"  box

4. Under "Your 1099-R Entries" you will see the form 1099-R entries in your program

 

Compare the entries in TurboTax with the actual form 1099-R's that you were issued. If any of them are incorrect, change or delete them and enter the correct information manually.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
kar-heloc
Level 2

Importing from Quicken

Am very disappointed that I can not use my data from Quicken.   I have been using Quicken since 1994 and NOW in 2022 can NOT import tax information into TurboTax 2021

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