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Education
I am facing the same problem.
I think this is an Turbo Tax error.
From the 1099-Q,
Box 1. Gross distribution is $89,793.74,
Box 2. Earnings is $20,599.82
and Box 3. Basis is $69,193.92.
But the Turbo Tax blocks me to continue with warning the 'Your box 1 gross distribution must equal the sum of box 2 earnings plus box 3 basis. Make any necessary corrections here'.
But the calculation is correct as 1099-Q form.
How can fix this?
2 hours ago