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March 29, 2020
Question

How do I know what the errors are on the 1099-R that I am trying to enter?

  • March 29, 2020
  • 1 reply
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Turbo-tax tells me that I need to correct errors. How do I know what the errors are?

1 reply

March 29, 2020

At a minimum, IRS form 1099-R should report payer's name, address, TIN, box 1 gross distribution and the box 7 codes.

 

But there are many additional interview questions based upon the nature of the distribution, the amount, if any, of the taxable amount (box 2a) and what was done with the proceeds of the distribution.

 

You may need to walk through the interview questions to address the issue.

 

Does the error message or Review item tell you what needs to be addressed?

 

 

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