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January 13, 2020
Question

1099_R Multiple Income Source Lines

  • January 13, 2020
  • 1 reply
  • 0 views

The 1099_R I receive for my RMD distributions has multiple lines of payment information, one for each of the funds being distributed from.

 

Do I have to enter each fund's payment information separately on individual pages of the 1099-R input page, or can I total the box amounts and enter them in a single page?

 

Thanks and regards,

 

John

1 reply

Critter
Employee
January 13, 2020

The way that is done is ABSURD and you do not need to continue the practice on your return ... if all the 1099-R forms are for the same person and has the same code in box 7 and are issued by the same company you may certainly consolidate all those into one form in the TT program.  ( American Funds right ?)