As Bill stated, there are instances when it should not be on your Form 1040. If you entered it in TurboTax, rest assured, TurboTax followed the IRS instructions for Form 1040 for your distribution.
Don’t include the following payments on lines 5a and 5b. Instead, report them on line 1h:
- Disability pensions received before you reach the minimum retirement age set by your employer.
- Corrective distributions (including any earnings) of excess elective deferrals or other excess contributions to retirement plans. The plan must advise you of the year(s) the distributions are includible in income.
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