tdn1
Level 2

Get your taxes done using TurboTax

Again thank you DavidD66 for your answer.

I was thinking more about it and may be the another approach would be to split the reporting of the 1099R into 2 so that I can isolate the incorrect information and correct it your way.

To illustrate, the actual 1099R from company A  reports a gross distribution of "10" with an incorrect taxable amount of "5", instead of the correct of "3". I will enter the 1099R as two components:

#1 will report a gross distribution of "3" with a taxable amount of "3" and answer that it all went to a Roth ...

... and #2 will report a gross distribution of "7" with a taxable amount of "2" and answer that none of it went to a Roth but to a Rollover IRA (which should be non taxable).

That way except for splitting the 1099R into two (which may not be exactly what the Turbotax direction says "report exactly") all the info otherwise is correct?