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April 4, 2023
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1099-R Box 1 - TurboTax says "We found something wrong with your info."

  • April 4, 2023
  • 1 reply
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My gross distribution from a IRA RMD is $0.07 TurboTax says "We found something wrong with your info." and won't let me continue. Each time it takes me back to the same screen. But nothing is wrong with my info. Is there a way to override this? Any ideas? 

Best answer by JamesG1

The gross distribution of the IRS form 1099-R rounds down to $0.  The software does not want to process the entry for $0.

 

Remove the 1099-R but retain the form with your tax records in case a tax authority questions the entry at a later time.

 

@TapThatTax 

1 reply

JamesG1Answer
April 4, 2023

The gross distribution of the IRS form 1099-R rounds down to $0.  The software does not want to process the entry for $0.

 

Remove the 1099-R but retain the form with your tax records in case a tax authority questions the entry at a later time.

 

@TapThatTax 

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April 4, 2023

Thanks for your help and quick response. That does seem to be the issue. If I put $1.00 instead the error message disappears. One would think TurboTax would have corrected this by now, as it's simply a coding issue with their software.