Do I have to enter my 1099-R if its under $10? I read that you are only sent a 1099-R form if you receive $10 or more from a retirement plan and I was sent one still.

ashleykallberg · ‎June 4, 2019

IreneS · ‎June 4, 2019

Yes. If you were issued a 1099-R you DO have to include it in your return (no matter the amount).

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IreneS · ‎June 4, 2019

Yes. If you were issued a 1099-R you DO have to include it in your return (no matter the amount).

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Opus 17 · ‎June 4, 2019

You are required to report and pay tax on all your income.

The concept of not sending out certain forms for certain dollar thresholds is to reduce the compliance burden of payers, it doesn't mean the income isn't taxable to you even if you don't get a form.

Whether the IRS will bug you for leaving the $10 off your income is up to them.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

Kcrosdale00 · ‎January 25, 2022

What if the 1099R is for $0.14? It won't allow me to enter it. I'm assuming it has to do with the small dollar amount. I keep getting an error. Any suggestions?

DoninGA · ‎January 25, 2022

@Kcrosdale00 wrote:

What if the 1099R is for $0.14? It won't allow me to enter it. I'm assuming it has to do with the small dollar amount. I keep getting an error. Any suggestions?

Since the amount is less than $0.50 it does not have to be reported on your tax return.

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Do I have to enter my 1099-R if its under $10? I read that you are only sent a 1099-R form if you receive $10 or more from a retirement plan and I was sent one still.