Question

How to report IRA liquidation without a 1099-R?

Forum|Forum|2 years ago
March 28, 2024
2 replies
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I closed an IRA bank account and did not receive a 1099-R. Where in Turbo Tax can I report that?

TurboTax Deluxe Online

Employee

The administrator of the IRA account is required to provide you a Form 1099-R for any withdrawals from the account in 2023. Contact the account administrator to get the 1099-R.

X

xmasbaby0

Employee

You need the 1099R. If the bank or financial institution did not mail one to you, then go to their web site for it or contact them to find out how to get a copy. If you knew how to contact them to take out your money, you know how to contact them to ask for the 1099R.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**