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New Member
posted Jun 4, 2019 1:57:34 PM

Where would I put information for a thrift plan?

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1 Best answer
New Member
Jun 4, 2019 1:57:36 PM

Your contributions to the Thrift Savings Plan are reported on your W2, Box 12, usually with code "D" or "E." Box 1 of your W2 should be reduced by the amount of your contribution (unless it's a Roth 401k). No additional reporting is necessary.

For withdrawals from the TSP, you should have received a 1099-R, which is entered here:

Click Federal Taxes (top menu)

Click Wages & Income (just below top menu)

Scroll down to Retirement Plans and Social Security and click Show More (if necessary)

Click Start next to IRA, 401(k), Pension Plan Withdrawals (1099-R)

Enter your 1099-R exactly as printed, paying special attention the the distribution code in Box 7 and the "IRA/SEP/SIMPLE" box.

1 Replies
New Member
Jun 4, 2019 1:57:36 PM

Your contributions to the Thrift Savings Plan are reported on your W2, Box 12, usually with code "D" or "E." Box 1 of your W2 should be reduced by the amount of your contribution (unless it's a Roth 401k). No additional reporting is necessary.

For withdrawals from the TSP, you should have received a 1099-R, which is entered here:

Click Federal Taxes (top menu)

Click Wages & Income (just below top menu)

Scroll down to Retirement Plans and Social Security and click Show More (if necessary)

Click Start next to IRA, 401(k), Pension Plan Withdrawals (1099-R)

Enter your 1099-R exactly as printed, paying special attention the the distribution code in Box 7 and the "IRA/SEP/SIMPLE" box.