TurboTax 2024 Home & Business - Cannot get out of the qualified retirement plan on 1099-R

Forum|Forum|1 year ago
February 9, 2025
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TurboTax 2024 Home & Business 1099-R.

I neither took money out nor contributed to my non-qualified pension plan. The money is sent to me each month as part of my pension payment.

Neither of the options in the step applies, and I can't move forward -
* I move the money to another retirement account (or return it to the same retirement account).
* I did something else with it (cashed out, etc.).

Please advise.

Thank you.

SteamTrain

Employee

select : I did something else with it. a Cash Out is only one of the many other things included in "Something else"...put it in my checking account......deposited in my Brokerage account...took the check to somewhere to cash the check...put it on my cash card balance... all are "Something Else"

All it wants to know is if you attempted to roll it into another Retirment account....which is not usually allowed for pension payments.

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