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Level 2
January 31, 2025
Solved

when I input my 1099R my 401k rmd amount is not being added to my 1040 income. Is this a software glitch.....what can I do .....many thanks

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    tyrrlskmAnswer
    Level 2
    January 31, 2025

    It's my understanding that Vanguard often lists multiple Forms 1099-R on a single sheet.  It seems likely that your sheet has two Forms 1099-R, one with code G and another with code 7.  Each must be entered separately into TurboTax.


    best wishes and many thanks dmertz....the solution of doing two 1099R's worked!

     

    I think Vanguard should separate out this information 

    25 replies

    DoninGA
    Level 15
    Level 15
    January 31, 2025

    On the Form 1099-R the taxable amount from box 2a flows to the Form 1040 Line 5b.  The gross distribution amount from box 1 flows to the Form 1040 Line 5a.

     

    Look at your tax return.

     

    You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

    tyrrlskmAuthor
    Level 2
    January 31, 2025

    thanks for your reply ..... I deleted and re entered my 1099R but no luck ......5A says rollover and 5B just says 0

    DoninGA
    Level 15
    Level 15
    January 31, 2025

    What is the code in box 7?  Were federal income taxes withheld in box 4?