More about form 1099R box2a for 2024

Forum|Forum|1 year ago
March 19, 2025
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I am doing 2024 1040 tax return using Turbo Tax Desktop. My form 1099R has both box1 and box2a filled. I reported both amounts and plus box5 amount and box 2b without checked. I thought Turbo tax should pick up box2a amount. I only see Turbo tax picked up the box1 amount, and on the 1040 form or the other forms I do not see any item has box2a amount or box5 amount. I am wondering if I am paying tax for box1 amount not the box2a amount. which means I am paying the extra amount tax for box5 amount. I appreciate the help.

Bsch4477

Employee

What do you see on 5a and 5b of your 1040?

yc10402024Author

Thanks for your attention. box 1 "$45212.36", box 2a "$44858.88", box2b 2 check squares are emperty, box3 zero, box4 "$3399.07", box 5 "$353.48", box 6 zero, box7 is "7" the rest are are either zero or emperty. There is no 5a or 5b . This is a 401K RMD distribution 10099R.

Bsch4477

Employee

The 5a and b that I want you to look at are on your 1040 not the 1099-R. You will find that TurboTax handled the amounts correctly. The reason for the different amounts on your 1099 box 1 and 2a is that the difference is the amount in box 5 which is a deduction for you.