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ampalo
New Member

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

I have entered the 1099R info and answered related questions.  The amount in box 1 and 2(taxable income) is the RMD for the year.  Yet, this total does not flow to line 5A on 1040.  Turbotax is excluding this amount from taxable income for some reason yet it is a required distribution from an IRA account.

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6 Replies
SusanY1
Employee Tax Expert

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

Taxable retirement account distributions are listed on line 5b.  When there is no difference between the totals of Box 1 and Box 2 on the 1099-R forms, line 5a is left blank.  

Please confirm that your income is showing on line 5b, and if not please let us know so that we can assist further with troubleshooting.

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ampalo
New Member

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

Edited to say line 5b.  It is not showing in 5b.

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs


@ampalo wrote:

Edited to say line 5b.  It is not showing in 5b.


Your post shows the distribution was from a Traditional IRA.  If that is correct then you should have checked the box on the Form 1099-R for IRA/SEP/SIMPLE.  This would then have the distribution amount on Line 4a of the form 1040 and the taxable amount on Line 4b.

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

But IRA distributions don’t go on line 5.   IRA goes on lines 4a and 4b.   

ampalo
New Member

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

Line 7 has code 7.  the Box IRA/SEP/SIMPLE is checked.  I have filled this out in turbotax as it is on the 1099R.

ampalo
New Member

Line 5a is not including taxable income from 1099R for RMDs from Traditional IRAs

I'm sorry.  I am a moron.  I see that now.  Thanks.

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