Question

I retired mid year how do i document that on turbotax?

Forum|Forum|4 years ago
March 8, 2022
1 reply
0 views

No text available

TurboTax Deluxe Online

DoninGA

Employee

Being retired is not reported on a tax return.

X

xmasbaby0

Employee

You do not document that you retired. But if you have a combination of W-2 income and retirement income, those sorts of incomes are entered in different parts of the software.

Enter your W-2 in Federal>Wages & Income.

If you are receiving Social Security benefits-- Do not try to enter your SSA1099 or RR1099RB as a W-2. Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.

If you are receiving income from a pension or retirement account--

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.**