Question
!099R Payer changed. Turbotax is asking the question when I enter the new payer If i received disbursements prior to this year
I have a pension that I have been receiving payment from for a few years and the company servicing that changed in 2024. When I enter the 1099R from the new company Turbo Tax asks if this is the first time I received payment from this company was in 2024. To which I would expect the answer to be Yes (this is a new company), But I am wondering if it is trying to get at whether or not this is a new pension that i am receiving payments from which the answer would be No this is an existing pension. So I am confused about how to answer. Thoughts?
