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June 6, 2019
Solved

2018: I've entered my RMDs properly. But on the 1040 wks, no amount shows in the box labeled "IRA Distributions." Taxable amt is correct. Is this due to change in 1040?

  • June 6, 2019
  • 6 replies
  • 5 views
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    Best answer by

    It's all fine then.  Nothing appears on 4a when the taxable amount and gross amount of an IRA distribution are the same.

    6 replies

    macuser_22
    Alumni - Champ
    Alumni - Champ
    June 6, 2019
    Is the IRA/SEP/SIMPLE box checked on your 1099-R and did you check it on the TurboTax screen?
    **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.**
    June 6, 2019
    Was the taxable amount the the same as the total amount?
    June 6, 2019
    Was the taxable amout on the correct 1040 line?
    June 6, 2019
    Yes. Only my wife's pension amount show up on Line 4a, but the total of that and my 2 RMDs shows up on Line 4b. The taxable amount is correct.
    June 6, 2019
    Taxable amount is correct and the same as the total amount. IRA?SEP?SIMPLE boxes checked for my RMDs, not for wife's pension.
    Answer
    June 6, 2019

    It's all fine then.  Nothing appears on 4a when the taxable amount and gross amount of an IRA distribution are the same.