I received a form 1099R from a former employer. I didn't even know I had been signed up for a retirement plan. When I left my employer I did receive a check from this mystery retirement account and now I'm paying taxes on it. Turbotax doesn't have any info on this kind of situation. Help?
Enter the 1099-R form as it is reported and answer the follow up questions. To enter:
Enter the form details with the box 7 distribution codes and answer the following interview questions.
For desktop versions:
What do you mean fight to pay taxes? If you received a distribution, taxes are owed unless you rolled it into another retirement account within 60 days of receiving it. What is your box 7 distribution code?