RobertB4444
Expert Alumni

Retirement tax questions

Since the amount that is taxable has been reported on two forms then you should only be entering one or the other.  I would enter only the 1099-R since that is reporting the distribution.  

 

Delete all information from the 1099-B from the return.  Entering both forms is duplicating the taxable gain.  The 1099-B should be describing activity inside the retirement account prior to its distribution anyway and not be describing taxable activity until it is withdrawn.

 

@Ladybug_09 

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