I got the following message: Taxable amount should not be greater than gross distribution amount. But amounts in box 1 and 2a in 1099-R are the same. How do I resolve?
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I got the following message: Taxable amount should not be greater than gross distribution amount. But amounts in box 1 and 2a in 1099-R are the same. How do I resolve?
I got the following message: Taxable amount should not be greater than gross distribution amount. But amounts in box 1 and 2a in 1099-R are the same. How do I resolve?
Sounds like a data entry error. Delete the 1099-R and re-enter.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.