Why does my IRA distribution show Taxable as being higher than the actual total withdrawal?

Forum|Forum|1 year ago
January 27, 2025
2 replies
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turbo tax added an additional $5K to my IRA distribution total is what my 1099-R read but Taxable being reported is higher than that.

fanfare

Employee

If 1099-R result makes no sense, delete the 1099-R and try again to enter it correctly.

@wonderpup2

VolvoGirl

Employee

Did you import the 1099R? It could have imported wrong. Delete it and enter it again manually. Or you typed an amount wrong. Did you get any other 1099R forms?

wonderpup2Author

The total shows correctly. It's the section that says Taxable that increased. I uploaded it from a PDF. I don't understand why taxable would go higher.

VolvoGirl

Employee

The taxable amount on 1040 line 4b is 5,000 higher? The 1099R may have imported wrong. That’s common. Delete it and enter it again Manually. That usually fixes it.