I received 3 1099-R from my bank, I entered all three at first, then I saw that it is adding all Gross Dist amounts, making it $74,406.94 which is not at all what I got from my 401K account.
One 1099-R is the total of my 401K rollover 37,724.84. (code in box 7 "G") The other two seem to be the distributions. (code in box 7 "1" ) $769.89 which I took cash up front and paid taxes on. The other one is $35,912.21 which does not add up to the total amount.
My total 401K was 38,494.73, I took $769.89 cash, I rolled $25,000.00 to a IRA, and put $12,724.84 into an IRA money market so I had access to withdraw from.
I think I'm supposed to only enter the 1099-R's $769.89 & $35,912.21 but they only add up to $36,682.10 would that be correct?
Thank you for your time and help!
