@Steven-J wrote:
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.
Line 25b is not calculated - it is simply an addiction of all 1099 box 4 tax withholding that you entered. This is almost always caused by downloading the 1099-R's from a financial institution more than once or also manually entering them.
Return to your account and print all forms and worksheets "Tax payments worksheet" lines 12 & 13 for the withholding entered.
**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.**
