Form 1099-R reports money you received from a pension, annuity, IRA, or other retirement plan.
Entering it correctly helps us calculate your taxes accurately and avoid delays. This article walks you through how to add your Form 1099-R in the april app step by step.
How to enter your 1099-R info
Start from the Main Menu: Log into the april app and navigate to your tax return workflow.
Access the Income Section: Proceed through the initial sections (e.g., "About You") until you reach the Income section.
Locate the 1099-R Option: Within the Income section, select Retirement Income or a similar option that includes Form 1099-R.
Gather and Enter Information: Have your Form 1099-R handy. You will need to input: - Total distribution amount (Box 1) - Federal and state taxes withheld (Boxes 4 and 12) - Distribution codes from Box 7 (e.g., early withdrawals, rollovers)
Verify Correct Distribution Codes: Distribution codes in Box 7 determine the tax treatment of your withdrawal. Use the dropdown or input the code exactly as displayed on the form.
Review and Confirm: Double-check the entered amounts, codes, and details for accuracy before moving to the next step in your tax filing process.
Tips for Accurate Reporting
Accuracy Is Key: Ensure all amounts and codes entered match the information on your Form 1099-R. Mistakes could lead to improper tax calculations.
Seek Help if Needed: If you’re unsure about a specific Box 7 distribution code or other details, consult the on-screen help within the app or reach out to a tax professional.
This content is provided for informational purposes only and should not be construed as tax, legal, financial, accounting, or other advice. Rules and regulations vary by location and are subject to change, so please consult with an expert if you need advice specific to you.
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