Question

I have a 1099-R PENSION RETIREMENT form, the form I am finding does not match. Where is the right 1099-R ?

Forum|Forum|5 years ago
May 15, 2021
2 replies
0 views

This is from a Public Emp Sys and not lump sum payment.

TurboTax Premier Online

Employee

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.**

SteamTrain

Employee

@daviddad12

....also, be aware that the IRS changed the box numbers for boxes 12,13,14 and moved them to 14,15,16 for 2020 1099-R forms.

A few states were irresponsible and did not update their 1099-R forms to the proper 2020 format. IF your 1099-R form shows; < state withholding, <state ID, and <state distribution in boxes 12,13,14.........then you need to put them in the properly labelled boxes 14,15,16 in the TTX software. (Box 16 may not have a value )

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*