How to report 1099-R income

I live in MA, and received a 1099-R dist from a bank with a CT address. How do I report this income?
    Cancel
    Enter a 1099R under
    Personal Tab
    Personal Income
    Choose Explore on my own (if it comes up),
    Then scroll way down to Retirement Plans and Social Security,
    Then IRA, 401(k), Pension Plans - click Start or Update

    If box 2a is zero or says unknown then leave it BLANK!

    After you enter the 1099R be sure to answer all the follow up questions on the next screens to determine how much is taxable.  Go all the way to the end of the section. You have to enter it from the 1099R because there are codes on it you need to enter properly.

    Also make sure you have a taxable amount showing up on 1040 line 15b or 16b and it is not zero. People have not been answering the follow up questions right and have been getting zero amount taxable on the "b" line. Then they get a nasty letter from the IRS saying they didn't report the distribution and you owe more tax.
    • Thank you for your response, very helpful. I am also confused with the payers state box. I live in ma, but the payer on the 1099 has a CT address. When I put CT in the payor state box, turbo tax says I need to do a CT return. What's the proper treatment?
    Cancel
    Contribute an answer

    People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

    1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
    2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
    3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
    4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
    5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.
    Cancel