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

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

berbach
New Member

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

You enter just the total.  Is there a total listed for each box?

View solution in original post

4 Replies

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

You enter just the total.  Is there a total listed for each box?

berbach
New Member

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

No, the entries were not totaled. Each fund was listed separately.

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

As long as the box 7 code is the same then just combine the amounts in the boxes for each box.  It is not necessary to enter 4 separate 1099-R forms.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
berbach
New Member

My brokerage RMD 1099-R lists 4 separate fund transactions. Can I report just the total or must I report as 4 different distributions? I received the funds as 1 lump.

Thank you!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies