1099 R input not showing up on tax return

[bonanzalady]

The input that I made:  Gross distribution, then taxable distribution from 1099R with a Code P is not showing up on the tax return.  Have looked at everything to figure it out, but haven't been able to figure out why not.

Any ideas?

[George4Tacks]

That is because code P is more informational than anything. It is a distribution that was taxable in the prior year. It should have been included on that return and if not, you may need to amend it.

[abctax55]

Code P = prior year (effectively...)

[Accountant-Man · Accepted solution]

Yes, you need to amend the prior year. FYI, the taxable amount is included in the wages line, not the pension line.

[BobKamman]

@Accountant-Man 

It has been a while since I saw one of those.  I think it happens when a company executive pays in more to a 401(k), a higher percentage than most of the peons.  Thanks for the reminder that it shows up as wages, not pension.  Maybe that's what is happening here. 

@bonanzalady 

Is it showing up as wages, and not pension? Is it reported on a 2020 form?