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posted Feb 25, 2024 12:25:40 PM

I have a 1099-R with a Gross distribution of $0.46. The system does not want to accept it. Does this amount have to be greater than $1?

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1 Replies
Expert Alumni
Feb 25, 2024 12:27:05 PM

The gross distribution of $0.46 will be rounded to 0. You don't need to enter this form 1099-R on your tax return.