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ptigge
New Member

Why are pension amounts reported on line15b instead of 16b? Why are IRA amounts reported on line 16b instead of 15b?

 
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Accepted Solutions
dmertz
Level 15

Why are pension amounts reported on line15b instead of 16b? Why are IRA amounts reported on line 16b instead of 15b?

If you are asking why TurboTax would have put these amounts on the wrong line, it's because you either marked the IRA/SEP/SIMPLE box on TurboTax's form when it was not marked on the Form 1099-R provided by the payer or you did not mark the IRA/SEP/SIMPLE box on TurboTax's form when it was marked on the Form 1099-R provided by the payer.

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2 Replies
dmertz
Level 15

Why are pension amounts reported on line15b instead of 16b? Why are IRA amounts reported on line 16b instead of 15b?

If you are asking why TurboTax would have put these amounts on the wrong line, it's because you either marked the IRA/SEP/SIMPLE box on TurboTax's form when it was not marked on the Form 1099-R provided by the payer or you did not mark the IRA/SEP/SIMPLE box on TurboTax's form when it was marked on the Form 1099-R provided by the payer.

IreneS
Intuit Alumni

Why are pension amounts reported on line15b instead of 16b? Why are IRA amounts reported on line 16b instead of 15b?

IRS designed the forms and dictates what is to be entered on those lines.  Pensions and IRAs are subject to different treatment in the eyes of the IRS.

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