No Box 16
New Member

Retirement tax questions

Thank you for your reply. I did find the information in the Community Topics later.

 

But I think TT should have "Missing Box Information" accounted for. ie; If box 16 is missing on my form and I should "Use the amount in box 1 to enter in box 16 of the TurboTax1099-R" then tell me that.

 

As you say: "The IRS Form 1099-R has a box 16 so whomever supplied your 1099-R is not using the IRS format" - I'm sure that is true, but I have seen this issue on two government retirement 1099-R forms. One was a Federal and the other was a State 1099-R form.

 

So if two government Retirement Systems aren't following the correct format, how widespread could this problem potentially be? I'm just an individual user of TT so when something like this pops up, in a software program I Paid for, and I have to waste my time to find the correct answer, it doesn't make me a happy TT customer.