turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts Self-Employed & Gig Workers! >> Event happening TODAY!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

oaa2115
New Member

Has anyone encountered an issue where the value input for box 1 - Gross Distribution for form 1099-R is not being accepted (the value for me is $0.94 cents, $1 works)?

When I try changing value to $1 it works. I've tried inputting $.94 but it automatically adds the leading 0 before the decimal. Not sure what's going on but seems like a bug.
2 Replies

Has anyone encountered an issue where the value input for box 1 - Gross Distribution for form 1099-R is not being accepted (the value for me is $0.94 cents, $1 works)?

The program should automatically round this up to $1 so if it didn't then you can do so.   I have never heard of a 1099-R distribution for less than $1 so maybe the program is not prepared for this situation.   

Has anyone encountered an issue where the value input for box 1 - Gross Distribution for form 1099-R is not being accepted (the value for me is $0.94 cents, $1 works)?

I agree with @Critter-3 with respect to the distribution amount. 

 

Further, the program does indeed round the figure up to $1, which you can see in the summary and also in Forms Mode on your 1040.

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

Manage cookies