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Turbotax 2020, Line 25b, 1099R fed tax withheld does not add up correctly
The IRS has sent me a letter asking to substantiate line 25b federal taxes withheld from Forms 1099R.
I have reviewed my Turbotax filing, checked my entries, and cannot substantiate how TurboTax calculated the total of my 1099R entries. The error is almost a factor of 2 more than I entered in the program!
Any thoughts? I see another person reported a same error, but subsequently reported that he found the error.
‎July 22, 2021
4:18 PM