Retired railroad workers can receive two completely different forms for reporting retirement benefits. Unfortunately, they have very similar names and this can cause some confusion on how to enter them into TaxACT.

Form RRB-1099 reports Social Security Equivalent payments.  To enter this information in your TaxACT return:
  1. From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
  2. Click Social Security Benefits
  3. The program will proceed with the interview questions to enter or review the appropriate information

Form RRB-1099-R reports transactions related to a railroad retirement plan.  To enter this information in your TaxACT return:
  1. From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
  2. Click Retirement Plan Income to expand the category, then click Railroad retirement benefits (Form RRB 1099-R)
  3. Click Add to create a new form or Review to review a form already created
  4. The program will proceed with the interview questions to enter or review the appropriate information
For more information on Form RRB-1099 and Form RRB-1099-R, please refer to IRS Publications 915 and 575.

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