Support CenterHow do I enter a taxable amount if Form 1099R
🔍 How do I enter a taxable amount if Form 1099R?
This guide explains how to enter the excludable (taxable) amount using the Exclusion Worksheet for Form 1099R.
⚠️ Before You Begin
Have your Form 1099R available so you can reference the correct amounts to enter.
📊 Step-by-Step Guide
Step 1: Open Form 1099R
Use this when you need to access the correct form section.
Go to Form 1099R.
Step 2: Go to the Exclusion Worksheet section
Use this to enter the amount that should be excluded from income tax.
Go to the Exclusion Worksheet section.
Step 3: Enter the excludable amount on Line 1
Use this to report the rollover amount that is excludable from income tax.
In Line 1 - Amount rolled over, enter the amount that is excludable from income tax.
📝 Note
By entering the amount, the program will lower the amount shown on Form 1040; otherwise, SureFire will calculate the total amount of the pension received (Box 1 or Box 2 of the 1099R) to be taxable. If any other amount from Box 1 or Box 2 is excludable (other than a rollover), enter the amount on Line 2 of the Exclusion Worksheet.
✅ Success!
You have entered the excludable rollover amount on the Exclusion Worksheet for Form 1099R.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: federal,form