Should I fill in box 2a on my 1099-r? It is blank and total distribution is checked. It was an early withdrawal.

Forum|Forum|6 years ago
February 8, 2020
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TurboTax Self Employed Online

MinhT1

If box 2a of your form 1099-R is blank, leave it blank in TurboTax. Enter form 1099-R exactly in TurboTax, then continue the TurboTax interview after you complete entering form 1099-R.

TurboTax will calculate the tax and the early withdrawal penalty and include it in your tax liability.

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velexiraptorAuthor

When I leave it blank and answer all the questions it doesn't calculate any fees or taxes at all. I have another one that had a taxable amount and taxes withheld and that one showed a 10% early withdrawal fine. But for this one it isn't showing anything. Just nervous that it isn't taking out any taxes.

JotikaT2

Review the code on your 1099-R, box 7. If the distribution is either G or H, it may be a rollover.

I have attached the instructions which include the distribution codes on pages 16-17.

Form 1099-R instructions

Hopefully, this helps to clarify any confusion.

If you still have questions, I recommend you call the company that issued the 1099-R to determine why they left box 2 empty.

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kim-stalder21

2a is blank on my form and turbo tax won’t let me submit it keeps asking for a correction. I can’t put 0 or enter something that isn’t on the form. I’m using the desktop version and it is up to date

ThomasM125

@kim-stalder21 You should leave the box 2 entry blank if that is how it is reported on the form. I suggest you delete the 1099-R entry and re-enter it.

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kim-stalder21

I have tried twice. I get all the way to submitting and it won’t go through. Says 2a must have a value even if it’s 0.

Endzone

This is a pension with monthly distributions. My 1099-R form just does not show a taxable amount and the box in 2A is checked that it is unknown. None of the payments are early withdrawal so there should not be any penalties. Dad was 93 years young TURTBO TAX just SUX rocks sometimes when trying to enter what I have been given