turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

leon18
New Member

I am trying to enter a 1099-R with an gross distribution amount of $0.01 and TurboTax will not accept that amount. What do i do?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MinhT1
Employee Tax Expert

I am trying to enter a 1099-R with an gross distribution amount of $0.01 and TurboTax will not accept that amount. What do i do?

You can safely disregard that form 1099-R. 

 

$0.01 would round down to $0 and you do not have to report it.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question