Quote:
Originally Posted by PompeyKing
I have been using Turbo Tax, the free version for a few years but ran into a problem this year. I have a small retirement stipend from a volunteer fire department in Upstate New York. Each of the last few years they have sent me a 1099-R for the reporting. This year they changed the group that distributes the check. I received a 1099-MISC from them. It is definitely the wrong form. I called the issuing group and I was told to contact the volunteer fire department. I did so and have not heard back from them. Turbo Tax will not let you input info from a 1099-MISC with the free version.
My question: Can I just input the info in my tax return using the 1099-R info and hope that it will be corrected? If I do so, my 1099-MISC may not look as if it was not recorded, but I will input the exact amount of the payments! Any thought would be appreciated. The amount is relatively small but I want to report it.
|
I am a tax professional and this is how I would handle this.
As advised previously I agree put the amounts into the 1099-R the way they should have issued. Attached a statement explaining that you received a 1099-Misc instead of a 1099-R. Attach a copy of the 1099-Misc along with the statement.
I know on the Pro version of the software you can attach a PDF that would contain your explanation and the 1099-Misc. I don't know if you can attach a PDF in the version you are using
If it won't either go to someone who can file with the attachment or file a paper return.