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February 11, 2022
Question

1099-R from 2020 where to enter the remaining balance on turbotax deluxe 2021

  • February 11, 2022
  • 1 reply
  • 0 views

On last years return i filed the 1099-R that i asked for to be divided into 3 years because of the cares act.  i dont see where i can enter the remaining balance of the taxes i paid on this year version of turbotax deluxe 2021. is it that maybe turbo tax needs to be updated? any help would be greatly appreciated.

    1 reply

    February 11, 2022

    If you used TurboTax in 2020 to prepare your tax return, the 2021 portion of your pension distribution that you deferred should show up on line 4(b) or 5(b) of your 1040 return automatically.

     

    You can view your form 1040 while working in the online version of TurboTax by following these steps:

     

    While working on your return in the Federal section of TurboTax:

     

       1.  Choose the Tax Tools icon on your left menu bar

       2.  Tools

       3.  View Tax Summary

       4.  Choose the Preview my 1040 on your left menu bar

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