JohnB5677
Expert Alumni

Get your taxes done using TurboTax

This is a simple work around to post the 1099-R with both taxable and Nontaxable funds.

On sidebar 

  1. Select Federal 
  2. Wages & Income 
  3. Select Wages and Salaries, or Revisit 
  4. Scroll to Retirement Plans and Social Security
  5. Select the type of income.
    1. IRA, 401(k), Pension Plan Withdrawals (1099-R)
    2. Social Security (SSA-1099, RRB-1099)
    3. Canadian Registered Pension Income
  6. At this point you can edit an existing document of [Add another 1099-R]
  7. If a new 1099-R continue to Let's import your tax info
  8.  You can import by selecting your provider. 
    1. Follow the instructions.
  9.  or [Change how I enter my form]
  10. [Type it Myself]
  11. Post your information.
  12. If you have a taxable amount that is different from the total amount, enter it in Box 2a.
  13. Continue the interview to
    1. Tell us if Cynthia moved the money through a rollover or conversion.
    2. Select I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days).
  14. Did (You) rollover all of this $(Full Amount) (Box 1) to another retirement account?
    1. Respond No, (You) rolled over less than $(Amount).
    2. Enter the amount rolled over.  most likely the taxable amount from Box 2a.
  15. Complete the interview.

The screens below show a $3,400 distribution, with a $2,000 taxable amount.

 

 

 

 

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