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New York State issue with Form 1099-R
After entering the Form 1099-R received for a Life Insurance Cash Surrender payment, and entering all the information the insurance company had entered on the form, TurboTax indicated the Box 14 (State tax withheld) couldn't be greater than or equal to the Box 16 (State distribution). State tax withheld was $1543.40 and State distribution was $0.00. It won't let me proceed unless I delete the $1543.40 state tax withheld. I'm trying to figure out how we submit the proper information when it won't let us.
‎February 10, 2022
4:50 PM