I'm trying to enter information for a 1099-R. The gross distribution in Box 1 is $0.12 (yes, that's right 12 cents), but the form won't accept it. What do I do?

[e_p_reticulum-ho]

I keep clicking "Continue", but the form keeps highlighting Box 1 in red and saying "Enter gross distribution in Box 1".

[DoninGA · Accepted solution]

Since the amount of the distribution is less than $0.50 you do not need to report the distribution on your tax return.