1099-R Says "Taxable Amount Not Determined" (2b), But It IS TAXABLE

Forum|Forum|1 year ago
March 30, 2025
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So I entered a 1099-R that lists "Taxable Amount Not Determined" (2b) and TurboTax doesn't include this distribution as a taxable amount, but it should!

Do I just declare the correct amount in "Taxable Amount" (2a), even though it's actually left blank on the 1099-R?

Is there another way to include the correct value?

Thanks

TurboTax Home & Biz Windows

Best answer by Bsch4477

If you know the amount that should be taxed enter it in 2a.

Bsch4477Answer

Employee

If you know the amount that should be taxed enter it in 2a.

baldietax

But what was the 1099-R for and why didn't TT calculate it?

philherzAuthor

It was a 1099-R with just 2 lines.....the first line was for the entire amount of the IRA and it was rolled into an IRA with a different company (7- Distribution Code "G") and the second line was for the RMD amount that we had to take (7- Distribution Code "7").

Why they didn't list the entire amount of the second line on line 2a is a good question....

thnx