tflanagan
New Member

How to clear error code on 1099-R????

Receiving error code when entering 1099-R. Gross distribution (Block 1) is zero and Taxable Amount (Block 2a) is greater than zero, because this is a policy gain for a life insurance policy that had a loan against it in the past.  Verified with State Farm that the 1099-R is CORRECT, but Turbo Tax keeps giving me an error stating that Box 2a cannot be greater than Box 1.  How do I correct this so I can efile my return?????? I've used Turbo Tax for over 20 years and this is the first time I can't find an answer.