1) Go to the 1099-R interview and delete any unneeded 1099-R.
Enter a 1099-R here:
Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).
OR Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.
Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
2) Line 41 instructions: "*Subtract* line 40 from line 38". A number *subtracted* from a negative number is a larger negative. (-10 -10 = -20). - line 40 is not added to 38 it is subtracted from 38.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
