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If I have a 1099-R with a Box 1 - Gross distribution of $0.45 how can I enter an amount less than $1 in TurboTax?

When I enter $0.45 in Box 1, Turbo Tax highlights the box in pink and states under it "Enter gross distribution in Box 1"
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If I have a 1099-R with a Box 1 - Gross distribution of $0.45 how can I enter an amount less than $1 in TurboTax?

Thank you!  That was very helpful!

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2 Replies
SharonD007
Employee Tax Expert

If I have a 1099-R with a Box 1 - Gross distribution of $0.45 how can I enter an amount less than $1 in TurboTax?

You do not need to report the 1099-R with amount under $1 on your tax return. 

 

Keep it for your records.

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If I have a 1099-R with a Box 1 - Gross distribution of $0.45 how can I enter an amount less than $1 in TurboTax?

Thank you!  That was very helpful!

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