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TurboTax Online will not allow me to enter a Corrected 1099-R with 0.00 in Box 1 & Box 2a for a 1099-R that was issued to me in error
TurboTax (online) will not allow me to enter a Corrected 1099-R with zeroes in Bpx 1 and 2a.
The corrected 1099-R is intended to reverse a 1099-R sent to me in error for a nontaxable Trustee-to-Trustee Direct Transfer of a traditional IRA to another institution. To be clear, I used a Direct Transfer, not a Direct Rollover.
After some trial and error, I got TurboTax to accept the corrected 1099-R by entering 1.00 in Box 1 and BLANK in Box 2a.
Before I submit my Federal and State returns, I have some questions:
(1) Is it okay for me to use $1.00 for Box 1 and BLANK for Box 2a? Those values do NOT match what is on the corrected 1099-R form itself ($0.00 for Box 1 and $0.00 for Box 2a).
(2) If not, how can I enter $0.00 into Box 1 and $0.00 into Box 2a? I cannot seem to get it to work for me.
Any suggestions and help will be much appreciated!