turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

In 2016, I had a distribution of profit sharing plans for my company. I received a 1099-R. It states the taxable amount is 0.00. is there anything else i could have done on my return for this?

 
This feature is pending. Thanks for your patience.
Didn't get the answer you wanted? Our digital assistant can help you.
1 Reply
DDollar
Expert Alumni

In 2016, I had a distribution of profit sharing plans for my company. I received a 1099-R. It states the taxable amount is 0.00. is there anything else i could have done on my return for this?

You need to enter the 1099-R.  Even though the form may have said the taxable amount is $0.00, some or all of it may be taxable.  So make sure you enter it and answer all the corresponding questions to make sure it is properly reported on your tax return.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v