Skip to main content
March 9, 2025
Question

Is anyone else getting an "Out of balance" error when entering in their 1099-Q?

  • March 9, 2025
  • 1 reply
  • 0 views
It says my box 1 gross distribution must equal the sum of my earnings and basis, which it does. But it seems to be doing the math wrong.

    1 reply

    AmyC
    Employee
    March 11, 2025

    Tax return submitted electronically are rounded. It could be a rounding error. Go ahead and round each box at entry so there is no  error.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"