Solved: Mismatch between Turbotax determined taxable amount for my 1099-R form and that in the Form's Box 2a

vuong1 · Mar 24, 2025 5:21:28 PM

Hi, I'm puzzled by the mismatch. My 1099-R shows: Box 1 (Gross distribution) = $8,323.14Box 2a (Taxable amount) = $90.88Box 5 (After-tax contribution) = $8,225.89Box 7 (Distribution code(s)) = G But Turbotax shows me the following table which shows a very different taxable amount i.e. $188.00: ==== Begin table ===Retirement income results Here is how your retirement and IRA distributions affect your income. Pension and annuity distributions: Total $8,323.00 ; Taxable $188.00.===== End table === I have only one 1099-R form in the return. Could you please help me on this?Thanks!