cnoyes260
New Member

Retirement tax questions

I keep seeing this response in all questions on this forum relating to the taxable amount of the 1099R being greater than the gross distribution. However, the amounts on my 1099R are CORRECT due to the fact that I took a loan out against the policy. Therefore, my taxable amount SHOULD be greater than the gross distribution and I do NOT need a revised form from the issuer. Please advise how to input this information correctly in TurboTax so that I do not keep getting the error.