- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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inside the retirement account prior to its distribution anyway and not be describing taxable activity until it is withdrawn.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 17, 2025
10:35 AM