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March 11, 2024
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Should a 1099-R for a Pension rollover into an IRA be entered into the tax return or can it be ignored as the taxable amount is 0 until withdrawn from the IRA?

  • March 11, 2024
  • 1 reply
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Best answer by VolvoGirl

If you got a 1099R for it you need to enter it.

 

Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start

 

 

1 reply

VolvoGirl
VolvoGirlAnswer
Employee
March 11, 2024

If you got a 1099R for it you need to enter it.

 

Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start