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March 13, 2025
Question

Is a military retirement plan considered an IRA, a 403b or other type of account?

  • March 13, 2025
  • 1 reply
  • 0 views
I keep selecting other type of account and Turbo Tax tells me that this type of retirement plan should not be identified as other type, but it is not an IRA or a 403 be from what I understand.

1 reply

SteamTrain
Employee
March 13, 2025

@ccastro19 

 

That's a known bug that TTX is working on......Yeah, it desperately needs to get fixed.

 

Edit that 1099-R again next week on Thursday...might be fixed by then.

 

(Could even be fixed tomorrow......but there's already been one software update this week, and only rarely issue tow updates in one week....but edit the 1099-R again tomorrow morning (Friday) if you want to see if they've corrected it overnight tonight).

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