hartboom
New Member

Taxable amount of an IRA distribution

I entered a 2024 Form 1099-R for a $20,000 distribution from my IRA. The 1099 shows a gross distribution of $20,000 and a taxable amount of the distribution of $20,000. The gross distribution shows up on line 4a of Form 1040, but the taxable amount on line 4b of Form 1040 shows a taxable amount of $0.00. Line 4b should show a taxable amount of $20,000. How can I get this corrected?