I am in the process of getting 401K funds (old employer's) rolled-over to a new account (new employer's 401K). The first attempt did not work due to my employer's policy so I now have a check in my hands that is written by the new 401K service provider returning the money to the old 401K service provider with my name as the benefactor. Ultimately, this fund will end up in an IRA but that has not yet been resolved.
As I am filing taxes and because of this distribution, I received a 1099-R form displaying the total amount distributed (1) but shows $0 as taxable amount (2a), total distribution marked (2b), $0 in capital gains (3), $0 in federal tax withheld (4) and zero in all other fields.
At the moment I am trying to enter this form manually, but the tool that I am using (TurboTax) will not allow me to enter 0% as percentage of total distribution in box 9a because it is below the accepted minimum value of 0.01.
How do I submit this form and ensure I am filing all the necessary information?
