1099R IRA Distribution

I'm entering a 1099R form into ProSeries that I know is taxable income to the taxpayer. Proseries treats it as taxable until I check off the IRA box on the form - then it treats the distribution as non-taxable? Has anyone else come across this issue? I have several other clients that I have had no problem with, but this one is driving me crazy!

769

Level 15

Mar 28, 2025 6:50:01 AM

The result implies that the individual has basis in nondeductible traditional IRA contributions and that the individual's year-end balance in traditional IRAs is zero or has not been entered, resulting in the calculation on Form 8606 Part I showing that $0 of the distribution is taxable. Check the information regarding the basis and year-end value of traditional IRAs.

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1099R IRA Distribution