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Old 01-21-2015, 08:13 PM
 
Location: Near Manito
20,170 posts, read 24,284,822 times
Reputation: 15285

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I'm Attempting to use Turbo Tax for the first time after many years of filing a paper return. I got tired of my kids mocking me. But I ran into a roadblock.

I received four 1099-R forms. Three were for IRA rollovers; one was for my IRA annual retirement cash draw. The problem is that Turbo Tax only lets me enter information for one 1099-R.

What should I do? Add the figures together and report everything as one collective 1099-R? The problem with that solution is that the codes are different on the forms for rollovers and payouts. Or should I just report the 1099 for my payout and ignore the other three? Won't the IRS red flag that when my total distribution amount doesn't match the total reported by my financial institution?

The blizzard of welcoming e-mails I've received from TurboTax is strangely mum on my dilemma. Advice from anyone on C-D would be appreciated.
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Old 01-21-2015, 09:01 PM
 
Location: Greater NYC, USA
2,761 posts, read 3,417,813 times
Reputation: 1737
Figuring out how to use the software is a part of the challenge, there should be a button somewhere that says report another 1099-r
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Old 01-21-2015, 10:26 PM
 
291 posts, read 335,160 times
Reputation: 374
https://ttlc.intuit.com/questions/26...put-it-in-tuon

The above link walks you through adding another
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Old 01-21-2015, 10:27 PM
 
Location: Southern California
12,713 posts, read 15,468,522 times
Reputation: 35512
Give this a try

https://ttlc.intuit.com/questions/25...-than-1-1099-r
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Old 01-21-2015, 10:28 PM
 
291 posts, read 335,160 times
Reputation: 374
^ that ones better than mine
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Old 01-21-2015, 10:35 PM
 
Location: Near Manito
20,170 posts, read 24,284,822 times
Reputation: 15285
Brad and Geek: thanks a lot. You're aces.
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Old 01-25-2015, 08:31 AM
 
Location: New Jersey
11,195 posts, read 9,042,127 times
Reputation: 13948
also considering using turbotax or taxact. I am a single guy don't own a home, no kids. I have an IRA, an employer based 401K, and a mutual fund account. I also have student loans. Will these programs be complicated to use in my case?
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Old 01-25-2015, 09:34 AM
 
Location: Southern California
12,713 posts, read 15,468,522 times
Reputation: 35512
Quote:
Originally Posted by The Ryu View Post
also considering using turbotax or taxact. I am a single guy don't own a home, no kids. I have an IRA, an employer based 401K, and a mutual fund account. I also have student loans. Will these programs be complicated to use in my case?
Nope. Very simple. It walks you through everything.
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