You can use Turbo. Tax Free Edition in order to file Form 1099-R for this type of distribution. June 4, 2019 11:18 PM Can you use the free edition if using a 1099-R due to 401k disbursement ? You can use Turbo. Tax Free Edition in order to file Form 1099-R for this type of distribution.
Can I use free turbotax if I have 1099-r?
Yes you can file for free if you have a 1099-R form. Please see the following link for more information on more forms that qualify for the Turbotax Free Edition https://turbotax., and intuit., and com/personal-taxes/online/free-edition.
The reason is to report an early withdrawal penalty you need form 5329 and the 1040 form line 59 to report it. The Free edition is only for simple 1040EZ/A forms that do not have line 59.
Also, can I file 1099-R in the Free Edition?
The Free edition supports entry of a Form 1099-R on the 1040A tax return. June 6, 2019 8:00 AM However, if you are under age 59 1/2 and have an early distribution penalty then the Free Edition does not support the 1040 form that is required to report the penalty.
You can file with Turbo. Tax Free Edition if you have a simple tax return. A simple tax return is Form 1040 only. How does Turbo. Tax make any money? Customers with more complex tax situations will file with our paid Turbo. Tax products that provide all the additional forms and guidance they need.
Do I need TurboTax free edition if I have a W-2?
If you only have a W-2 from work and various Form 1099s, you may only need the Turbo. Tax Free Edition.
When to use tax Form 1099-R for pensions?
Form 1099-R is used to report the distribution of retirement benefits such as pensions, annuities or other retirement plans.