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posted Sep 10, 2022 1:14:50 PM

My rmd distribution from my 403b are taxable in the state of New York.how do I submit it on my 1040?

RMD distribution from 403B is taxable in NEW YORK STATE.how do I submit it on on turbo tax?

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3 Replies
Level 15
Sep 11, 2022 6:33:34 AM
Level 15
Sep 11, 2022 7:24:57 AM

After you enter the 1099-R in the federal income section and answer a couple of questions that income will transfer to the NY return automatically.   Complete the state interview later then review the return before filing.

Level 15
Sep 11, 2022 9:48:46 AM

Did you get the 1099R for it?  

Enter a 1099R under
Federal Taxes on left
Wages & Income at the top
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start


Don't type the bank name or try to import it.
At the bottom pick - Change How I enter my Form
Then on the next screen pick - I'll Type it in Myself


Be sure to pick the right kind of 1099R on the 4 boxes. 1099R or CSA1099R or CSF1099R or RRB1099R
If you are filing a Joint return be sure to pick which person it is for.

 

Be sure to answer all the follow up pages to the end of that section.