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Returning Member
posted Feb 14, 2020 7:50:11 AM

Description of of Taxable Amount

I get a 1099-R from OPM  with box 2a "Taxable Amount" marked "UNKNOWN" and box 4 "Federal  Income tax withheld" as an amount.  Turbotax asks Yes/no to question on taxable amount in box 2a.  How to answer?

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1 Replies
Level 15
Feb 14, 2020 7:52:32 AM

If box 2a has the word UNKNOWN you should have left box 2a blank (empty).  So answer Yes to the question if that was the taxable amount.