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March 16, 2024
Question

1099-R state tax not report but was paid seperately

  • March 16, 2024
  • 1 reply
  • 0 views

Hi all,

Quick question - I have a 2023 1099-R that didn't report state tax, only federal was paid by the company. We paid the state tax due separately through a state 2023 voucher at recommendation by the accountant.

 

Is there a way to amend that missing state tax within turbo tax so that we are not penalized?

 

Thank you for any insight!

    1 reply

    VolvoGirl
    Employee
    March 16, 2024

    Did you file the state return?  And it's missing the 1099R income?  Most states start with the federal AGI which would include the 1099R.  Do you just need to enter the extra estimated payment you sent in?  If you filed the state should catch that and add it in for you.  Otherwise you need to enter it.  Hopefully you paid it with a state estimated payment slip not a tax due voucher.  

     

    To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to

    Federal on left or at top (Personal for Home & Business)

    Deductions and Credits

    Then scroll way down to Estimates and Other Taxes Paid

    Estimated - click the Start or Update button

     

    You enter state estimated payments under the federal side (because they can be a federal itemized Deduction). THEN after you finish filling out the estimates under Federal you need to click on the State Tab at the top and start the state return over for it to update.


    You have to pick the right state from the drop down box and enter the right payment dates.

     

    unicron8uAuthor
    March 16, 2024

    Thank you VolvoGirl (best username ever)

     

    You are right, its the extra estimated taxes, thank you for your help. The financial company filed the 1099R income but did not pay the state tax only the federal. They gave the estimated amount due to the state with a PV income voucher so we sent that in. 

     

    Thank you for your assistance!