No. You need to enter all 1099R information into TurboTax as received. TurboTax will make the adjustment based on how you answer the follow-up questions. You can you review how it looks on your tax return at any time. You can review your 1040 in the following steps:
- While in your TurboTax account, select Tax Tools in the left margin
- Select Tools
- Select View a Tax Summary
- In the left margin, select Preview my 1040
- When finished, select "Back"
The 1040 should not show any taxability on line 4b.
