What data does Turbo Tax send via e-file?

Forum|Forum|2 years ago
January 23, 2024
1 reply
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Does TurboTax sends worksheets and forms like 1099-R to the IRS or only forms required for filing?

As far as I know many forms like 1099-R are for taxpayers record only and do not have to be filed with the return. Another words, does Turbo Tax sends more when e-filed than the paper filing would normally require?

TomK2023

Level 15

The IRS only receives the appropriate Schedules and Forms for your tax situation - not the entire content of the data you have inputted into TurboTax.

The worksheets TurboTax prepares are not efiled.

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ParkNYCAuthor

Level 5

Is the 1099-R form filed with 1040 returns? It says keep for your records, but this might not be the case when Turbo Tax files returns. Thanks

ParkNYCAuthor

Level 5

It is likely that the IRS will not allow a form 1099-R to be filed electronically anymore without a valid employer ID number. TurboTax nor any other tax software provider would have a way to override that. Here are the steps to enter a substitute form 1099-R so you can report your foreign pension as such in TurboTax:

To enter a substitute form 1099-R in Turbo Tax follow these instructions:

Go to the personal income section of TurboTax
Find the Retirement Plans and Social Security menu option
Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R)
Choose Add Another 1099-R
Choose I'll type it in myself
On the screen that says Tell Us Which 1099-R You Have choose I need to prepare a Substitute 1099-R

A substitute 1099-R also requires a valid employer ID number. Without a valid ID it would generate an error and would prevent e-filing. I've tried that, not a solution to the problem.

FYI, I'm not filing 1099-R, that form supposed to be filed by a payer not receiver.

Foreign governments don't have the US federal payer's ID numbers.

I'm surprised that Intuit can't fix that problem.

Next year I'm definitely checking other tax preparing options.

@ThomasM125