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1099-R
I received a 1099-R from a litigation settlement of a fund that is in my 401k. The boxes filled in are (1) Gross distribution; (2b) Taxable amount not determined is checked; (4) Fed Income Tax W/H; (7) Distribution Code, which is filled in with a 7; and (15) State. When I fill out the Turbo Tax 1099-R with the numbers on the 1099-R, I continually gat a "Needs Review." Some experts have told me to put the gross amount in Turbo Tax on Line 5a, and then zero on 5B, but the t=Turbo Tax form only has a line 5, and my 1099-R only has a line 5. Can anyone help?
‎February 27, 2021
6:40 PM