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Get your taxes done using TurboTax
Hi dmertz (and my thanks to everyone's inputs),
I do plan to amend my return and will likely delete the 1099-R entry in question and then re-enter it.
My greater goal is to get this issue to the Turbo Tax software engineering team and their tax experts so they can validate it. So far, counting my own, there are three different opinions/experiences:
Reading the IRS instructions I do not see a case where if only Line 5 entries are made that 5b could ever be greater than 5a.
DaveF1006 agrees. Taxable amount can never be greater than Total amount.
If that is correct, then the software can be tweaked to trap, flag and report the error, and require the user to correct the mistake before allowing them to file.
VolvoGirl believes 5b can be greater than 5a but bases this on demonstrating it with a 2021 Turbo Tax example which does not show the amount entered for 5a.
dmetz is only able to demonstrate the problem using the opposite conditions. If 1099-R Box 2a amount entered as greater than Box 1 amount TT flags 2a.
The flag TT agent Melissa and I found was on the 1099-R entry page that includes the 3 radio buttons asking about How much of it was Deductable but I can't get that screen back. I suspect this bug is in the How to Enter a Back-Door Roth IRA procedure I tried following. Here are two sets of before and after screen shots from 2022 Turbo Tax 1099-R entry showing the effect of Box 1 and 2a being equal and Box 2a being less than Box 1. As soon as Continue is pressed Federal Tax changes.2aEqualTo1_BeforeContinueButton
2aEqualTo1_AfterContinueButton
2aLessThan1_BeforeContinueButton
2aLessThan1_AfterContinueButton