Turbotax and 1099R question

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
Post Reply
User avatar
Topic Author
Jerry55
Posts: 725
Joined: Tue Jan 27, 2015 1:56 am
Location: That Toddlin' Town

Turbotax and 1099R question

Post by Jerry55 » Tue Feb 11, 2020 10:06 pm

Maybe I'm used to using TaxAct, which asks for 1099R info up-front, however, it's asking for all sorts of OTHER types of income including dividends, Interest income, etc. I tried to bypass that and just typed in 1099R and it takes me to a Q & A page on how to add it in the beginning (No direct link etc). I thought it would be smart enough to understand I DO NOT have a W-2 form to begin with, since I entered "RETIRED" in the beginning...... and I can't seem to find where to insert that info, even when I enter "where to enter 1099R info"

Should I just continue with Dividend, interest, etc and PRAY that it shows me where to enter that 1099R income later, or am I just being stuck to the way taxact has done it for over a decade. I've been running in circles for almost 1 hr, and I figure it's best to leave it if frustrated, and come back another day.

This is my first time ever using Turbotax.
Retired CSRS on 12/19/2012 @ age 57 w/39 years | Good Bye Tension, Hello Pension !!!

Gryphon
Posts: 143
Joined: Sat May 07, 2016 11:43 am
Location: Missouri

Re: Turbotax and 1099R question

Post by Gryphon » Tue Feb 11, 2020 10:27 pm

If you keep going, you'll get to it pretty soon. The order of the sections in the Wages & Income portion of the interview is:

Wages & Salaries
Unemployment
1099-MISC & Other Common Income
Interest & Dividends
Investment Income
Retirement Plans & Social Security <--- this is where you enter your 1099-Rs
Rental Properties & Royalties
Business Items
Less Common Income


Or, if you like, you can click on the Wages and Income button and select I'll choose what I work on, and go straight to the Retirement Plans section. But if this is your first time using Turbo Tax, I'd suggest sticking with the interview for now.

CRC301
Posts: 132
Joined: Sat Feb 14, 2015 1:31 pm

Re: Turbotax and 1099R question

Post by CRC301 » Tue Feb 11, 2020 10:30 pm

Edit: above post beat me to it. :)

Which version of TurboTax did you purchase?

I can check tomorrow but there's a prompt towards the beginning that asks whether you want to be guided through all sub-sections or pick which ones to dive into. I always choose the pick your sub-sections option and there's a section that deals with 1099r's that you can click on.

User avatar
Topic Author
Jerry55
Posts: 725
Joined: Tue Jan 27, 2015 1:56 am
Location: That Toddlin' Town

Re: Turbotax and 1099R question

Post by Jerry55 » Tue Feb 11, 2020 10:50 pm

Gryphon wrote:
Tue Feb 11, 2020 10:27 pm
If you keep going, you'll get to it pretty soon. The order of the sections in the Wages & Income portion of the interview is:

Wages & Salaries
Unemployment
1099-MISC & Other Common Income
Interest & Dividends
Investment Income
Retirement Plans & Social Security <--- this is where you enter your 1099-Rs
Rental Properties & Royalties
Business Items
Less Common Income

But if this is your first time using Turbo Tax, I'd suggest sticking with the interview for now.

THANK YOU SO VERY MUCH !
I feel that, if frustrated, it's best to just take a break, and get back to it at some other time.

CRC301 wrote:
Tue Feb 11, 2020 10:30 pm
Edit: above post beat me to it. :)

Which version of TurboTax did you purchase?

I can check tomorrow but there's a prompt towards the beginning that asks whether you want to be guided through all sub-sections or pick which ones to dive into. I always choose the pick your sub-sections option and there's a section that deals with 1099r's that you can click on.
TurboTax Deluxe. I chose the "YES, I really don't know what I'm doing so please guide me thru everything" option. :shock: :oops: :thumbsup

Thank You as well.
Retired CSRS on 12/19/2012 @ age 57 w/39 years | Good Bye Tension, Hello Pension !!!

User avatar
Topic Author
Jerry55
Posts: 725
Joined: Tue Jan 27, 2015 1:56 am
Location: That Toddlin' Town

Re: Turbotax and 1099R question

Post by Jerry55 » Thu Feb 13, 2020 4:16 pm

FINAL WORD ~

I love TurboTax. Works just as both of you said, I'll continue to use it, as I'm an Intuit user in general. (Willmaker and Family Law pdf)
Retired CSRS on 12/19/2012 @ age 57 w/39 years | Good Bye Tension, Hello Pension !!!

Post Reply