Question

pensions

Forum|Forum|6 years ago
August 21, 2019
1 reply
0 views

In my 2017 1040, on line 16a I entered $33,798 (witch is the correct amount) however in line 16b the taxable amount is only $6,898. What is the deduction of $26,900? I received an audit letter that says I owe taxes on this $26,900.

DoninGA

Employee

The Form 1099-R is a user entered form.

Look at the PDF of your 2017 tax return for the Form 1099-R worksheet. What amount is entered in box 2a?

Box 2a is the taxable amount of the distribution reported on the 1099-R and is entered on the 2017 Form 1040 Line 16b. Is the federal taxes withheld amount shown in box 4 of the Form 1099-R the same amount as shown on the Form 1040 Line 16b?

What is the distribution code entered in box 7?

To access your current or prior year online tax returns sign onto the TurboTax website with the userID you used to create the account - https://myturbotax.intuit.com/

Scroll down to the bottom of the screen and on the section Your tax returns & documents click on Show. Click on the Year and Click on Download/print return (PDF)

J

john2017Author

Thanks, I don't have a 1099 R worksheet. The code inbox 7 is 7

DoninGA

Employee

The worksheet is included in the 2017 PDF download. Without the worksheet we will not know how the tax data from the Form 1099-R was actually entered.

Is the amount shown on the Form 1040 Line 16b the same amount as is entered on the Form 1099-R box 4?