I am trying to help do my son's taxes and I am completely stuck with entering his 1099s since he has two for the same early withdrawal. In December, my 20 YO son withdrew all of the 401K money he had in his account from the financial institution (Principal), which he had built up while at a former employer (Coke). He knows he has to pay the penalty, report it as income, etc. The issue is that we got two 1099-R docs for the same withdrawal with one being from Principal, and the other from his old employer (Coke). The two are off by only ~$16, which I have no idea why, but if we enter these both into Turbo Tax then it looks like double the income which isn't correct. We first thought to call both companies and ask if one had submitted in error, but both said "we don't give tax advice" and left him high and dry. I figure we aren't asking for advice and just want to know if there is an error or not. My question here is, am I missing something, and is there a way I would enter both without them being double counted?
