If your 1099-R form shows a gross distribution amount that is incorrect, you should take the following steps to address the discrepancy:
Steps to Correct the 1099-R Form in TurboTax
- Double-check the entries on your 1099-R form to ensure there are no mistakes. Sometimes, the discrepancy might be due to withholding taxes or other adjustments
- Reach out to the financial institution that issued the 1099-R to request a corrected form. Explain the discrepancy and provide any supporting documentation
