When following the directions to place the taxable amount (which is 0 on my return) in line 2a of the 1099R, Turbotax returns an error for the line that states:
Form 1099-R (XXXXXXXXXXXX): Taxable amount should not be zero if there is no prior year excess traditional
IRA contribution on line 4 of the IRA Information Worksheet.
And requires a Statement
Form/Line: Form 1040/1040-SR Worksheet 4a (1040/1040-SR)
Explanation of: Return of Prior Year Excess Traditional IA Contributions
I would appreciate someone is able to offer me an explanation or direct me to a solution?
