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401k loan offset and multiple1099-Rs
Hi - I Left my employer with 18,125.48 401k loan balance that was offset. I received 3 1099-R. One for the full 18,125.48 with 18,125.48 in box 2a with box 7 code 1M. A 2nd one for 10,929.66 with 10,929.66 in box 2a and box 7 code M1. A 3rd 1099-R for 7195.82 with $2822 in box 2a, 4373.82 in box 5 and box 7 1B. The totals in box 2a from 2 and 3 equal the 1st 1099 of 18125.48. It looks like the full amount was split between my traditional and Roth 401ks. When entering into turbo tax it is adding all 3 together so it looks like I was disbursed / taxable amount of 31,877.14 (total of all three forms box 2a) which is not correct. How do I enter these to show the distribution of 18125.48? Thanks!!
2 weeks ago