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1099-R

Bob2605
Level 1

How do I indicate joint ownership of a 1099-R in ProSeries Pro?

 

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5 Replies 5
Just-Lisa-Now-
Level 15
Level 15

no such thing as a joint retirement account.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PATAX
Level 10

👍 I agree with you Lisa... I cannot recall ever seeing a 1099-r form with both husband and wife on it... Just my opinion

qbteachmt
Level 15

@Bob2605 

What is the name on the 1099-R? Why do you think that needs to be treated differently that what is shown?

What type of account or retirement is this?

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Bob2605
Level 1

Its a joint annuity.  Unusual but sometimes occuring.

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sjrcpa
Level 15

If you really need/want to treat it as belonging to both, divide everything in half and enter as two 1099-Rs.

Must be a private annuity or charitable annuity.


ex-AllStar
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