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February 18, 2020
Question

I received a 1099r form. It is from an annuity that we cashed out. Where should I enter it. Tub to tax show it as an IRA but it is not.

  • February 18, 2020
  • 1 reply
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TurboTax is there something I am not seeing ?

1 reply

ColeenD3
February 18, 2020

IRAs, pensions and annuities are all reported on 1099-R. They are entered on the same screen in TurboTax. The only thing that would code an annuity to seem to be an IRA, would be if you checked the box next to Box 7, indicating it was an IRA.