@Gurujin wrote:
I realize this is 1 year later, but, same issue. This is the first time we are filing our own taxes.
I have a 1099-R with two, separate gross distribution amounts in Box 1 as well. (customer service who kept responding did not get this point and kept missing as evidenced in their responses).
There are two different amounts listed in Box 2a as well. Box 2b has two different options clicked for taxable amount and total distribution amount. Box 7 also has two different codes, one for each distribution amount.
I totally understand the author of this message who had the same issue and ended up adding the amounts together which I am not certain about.
However, I do think it is exactly as she said, they should have given two separate 1099-Rs but instead combined them into one because different things happened in the same account during the year.
I still don't know what to make of this or how to report. I think I will just create another 1099-R in TurboTax and put in each amount and details separately.
There is not an option to do this on the TurboTax software.
You can only add amounts and enter as one 1099-R *IF* the only difference is the box 1 and 2a amounts. If other boxes, like box 7 is different, then you must enter as separate 1099-R's.
(I guess they are saving paper by putting more then one 1099-R on one form rather then issuing two 1099-R's, but you cannot enter them as one.)
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
