I’m trying to do my taxes and I am completely stuck with entering my 1099s since I have two for the same loan. In May 2018 I did some loan on my 401k money from the financial institution (ADP), which I had built up while at a former employer (Company X). Then my former employer (company X) got bought by other another employer (company Y). All my 401K contribution and loan are also got transferred to another financial institution (Fidelity). I left my employer and did not pay back the loan. I know I must pay the penalty, report it as income, etc. The issue is that I got two 1099-R docs for the same loan with one being from ADP, and the other from Fidelity. The two are off by only ~$15, which I have no idea why, but if I enter these into Turbo Tax then it looks like double the income which isn’t correct. I call both ADP and Fidelity and ask if one had submitted in error, but both said, “we don’t give tax advice’ and left me high and dry. Addition both 1099s box 7 distribution code ‘1M’ which subjects to the early distribution penalty and income tax as I understand. Both 1099s are also not marked as ‘corrected’ either, and both Total distributions are also 'Checked'. My question here is, am I missing something, and is there a way I would enter both without them being double counted? Thanks.
