We have entered our 1099-R information relating to my NUA transaction. Turbo tax is correctly including Box1 -Gross Distributions on the 1040SR line 5a (gross Pensions and Annuities). However, it is NOT including Box 2a from the 1099R, Taxable amount, in line 5b on the 1040SR. Why? How do I override this? We utilize turbo tax on our desktop.
Also - we did recheck and triple check our input into turbo tax to ensure that we entered the information in the correct boxes and we did.
I just figured it out. I didn't get any responses but did find another question that was not exactly my issue, but in someone's reply I saw a mention about ensuring that Turbo tax is told that we did NOT rollover the $$ into another retirement account but rather that we "did something else with it". Although the something else we did, was to put it in another retirement account. BUT, when I changed the answer to this question, Turbotax is now including the proper amounts in 1040 line 5a as well as 5b.