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Do I have to file a 1099 R that is for $00.45?
No, you don't. TurboTax (and IRS) rounds to the nearest dollar, so if you have a 1099-R for under 50 cents, just keep it for your records. No need to include it on your tax return.
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Do I have to file a 1099 R that is for $00.45?
No, you don't. TurboTax (and IRS) rounds to the nearest dollar, so if you have a 1099-R for under 50 cents, just keep it for your records. No need to include it on your tax return.
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