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January 29, 2020
Question

State Distribution from 1099-R

  • January 29, 2020
  • 1 reply
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Received 1099-R from out of state retirement account (CA). with state tax withheld Box 12 of 0.00.   The state distribution box 14 has no amount in it.  Turbo tax automatically showed state distribution s the gross distribution amount.  Ism this correct or should the state (OR) distribution amount be zero.

    1 reply

    Employee
    January 29, 2020

    Retirement income is taxable by your State of Residence at the time you receive it.

    If you were an OR resident all of 2019, the entire distribution is an OR distribution, and TT is correct.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.