Are 1099-R's that are less than $1.00 required to be entered on our taxes?

[kaitlyn-s-stephe]

I'm trying to file my tax return and the gross distribution is < $1.00. The error tells me to enter a gross distribution.... but I have.... $0.27. What am I doing wrong?

[rjs]

If the distribution is less than 50 cents you do not have to enter the 1099-R. It would get rounded to zero.

[DoninGA]

You do not need to report that withdrawal on your tax return since the amount is less than $0.50.  Go ahead and delete the Form 1099-R.