@GboJaw wrote:
I saw your note from last year and had a question about NC that relates to your answer. My 1099R box 2a is blank and the box 16 is blank. In the follow up page labeled "Source of Distribution" and after the boxes for "Bailey, Railroad, etc." for that particular payor, the "state distribution amount" is left blank but the NC State ID number is filled in automatically. Do I need to type the gross distribution amount in the box. I assume this is to assure the gross distribution is taxable in NC if the taxable amount in 2A is left blank. Thanks
If there is an amount in box 14 then make box 16 the same as box 1, not 2a. Box 1 is the gross amount box 2a might be the *taxable* amount unless that could not be determined by the issuer in which case it would be zero and box 2b checked.
**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.**
