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Ken002
New Member

I received a 1099-R for .20 cents. Yes, .20 Cents. Should I include this in my tax return or ignore it? I actually tried to enter it, but the form wouldn't let me.

This is not a mistake. I worked for an employer for one day and decided it was not for me. They actually sent me a check for .16 cents. They took out .04 cents for withholding.
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2 Replies

I received a 1099-R for .20 cents. Yes, .20 Cents. Should I include this in my tax return or ignore it? I actually tried to enter it, but the form wouldn't let me.

You can ignore it, as the IRS rounds amounts of 50 cents or less down to zero.

I received a 1099-R for .20 cents. Yes, .20 Cents. Should I include this in my tax return or ignore it? I actually tried to enter it, but the form wouldn't let me.

usually you have to be there for several months before they will add you to the 401k.

maybe the rules have changed when you are auto-enrolled.

 

".20 Cents."

 

I think you mean 20 cents. Yes, 20 cents.

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