Question

Under form 1099-R, there are (2) Gross Distribution with different amount. Which one I should enter?

Forum|Forum|7 years ago
June 6, 2019
2 replies
0 views

No text available

TurboTax Deluxe Online

Employee

You should enter both amounts... you should report form 1099-R into TurboTax exactly as it appears...I'm assuming that you are talking about box 1, Gross distribution, and box 2a Taxable amount... it is common to have both fields listed and both fields should be entered at this point.

Federal Taxes
Wages and Income
Scroll down to Retirement Plans and Social Security
Select IRA, 401(k), Pension Plans (1099-R)

A

Anonymous

What I think this person means is what I mean.

I have one form. There are two different amounts under (1) Gross Distribution. Do I add those together or do I need to do two separate entries?

(2a) Taxable amount is a different line.

CatinaT1

Both box 1, gross distribution and box 2, taxable distributions are entered when entering your 1099R. Enter them exactly as they appear on your form.

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

A

Anonymous

Ok, you are still not getting it.

Forget (2a). This is all under (1) Gross Distribution.

It is like they should have given me two different 1099-R forms. Instead, they just put it on one, with two different distribution amounts. Can I add these together in one entry into Turbo Tax or do I need to put them in as two separate entries?