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mwchoh
New Member

how to find out why my 2024 pension1099-R box 2a (taxable amount) that I entered in Turbotax is much smaller than line 5b (taxable amount)?

 
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1 Reply

how to find out why my 2024 pension1099-R box 2a (taxable amount) that I entered in Turbotax is much smaller than line 5b (taxable amount)?

do you have a second 1099-R?  Any 1099-R form WITHOUT the check mark next to Box 7 should sum to Line 5b.  Any 1099-R form WITH a check mark next to Box 7 should sum to Line 4b. 

 

I suspect you have multiple 1099-R forms.  Or you entered a 1099-R phantom form that should be not entered, 

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