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How do I correct : taxable amount should not be zero if there is no prior year excess traditional IRA contribution on line 4 of the IRA Information Worksheet?

 
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dmertz
Level 15

How do I correct : taxable amount should not be zero if there is no prior year excess traditional IRA contribution on line 4 of the IRA Information Worksheet?

This message seems to suggest that you entered a zero in box 2a of a Form 1099-R that reports a regular distribution from a traditional IRA.  Such a Form 1099-R must be entered exactly as received with the amount in box 2a being the same as the amount in box 1.

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1 Reply
dmertz
Level 15

How do I correct : taxable amount should not be zero if there is no prior year excess traditional IRA contribution on line 4 of the IRA Information Worksheet?

This message seems to suggest that you entered a zero in box 2a of a Form 1099-R that reports a regular distribution from a traditional IRA.  Such a Form 1099-R must be entered exactly as received with the amount in box 2a being the same as the amount in box 1.

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