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February 5, 2025
Question

I am trying to enter a 1099-R with an gross distribution amount of $0.01 and TurboTax will not accept that amount. What do i do?

  • February 5, 2025
  • 1 reply
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    1 reply

    February 5, 2025

    You can safely disregard that form 1099-R. 

     

    $0.01 would round down to $0 and you do not have to report it.

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