Can I fix an error on line 5b which should be 0?

Forum|Forum|4 years ago
February 7, 2022
2 replies
37 views

5a shows an amount, but 5b should be 0, how do I fix this?

TurboTax Deluxe Online

Best answer by DoninGA

Are you referring to the Form 1040 Line 5a and 5b for pension or annuity income?

If so, then delete the Form 1099-R that you entered and re-enter manually. If this was from an IRA then you Must check the box IRA/SEP/SIMPLE on the Form 1099-R and the amounts will be entered on Lines 4a and 4b.

Enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

DoninGA

Answer

Level 15

Are you referring to the Form 1040 Line 5a and 5b for pension or annuity income?

Enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

JohnB5677

Alumni - Intuit

Please clarify your question

Is this referring to retirement or annuity income?
Did you get a 1099-R?
If so is there an amount in Box 2 indicating taxable amount?
What code is in Box 7?
If this is a retirement account. what did you do with the money?
- Put in your bank account?
- Transfer to a different account?
Describe as best you can why you don't think you owe a tax?

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