3175960
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

On the 1099R form, why am i getting Taxable amount can't be greater than gross distribution in Box 1 message?

Talked to insurance company and they said information was correct
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 Reply
JohnB5677
Expert Alumni

On the 1099R form, why am i getting Taxable amount can't be greater than gross distribution in Box 1 message?

Please clarify your question.

 

  • Is the amount in Box 2 bigger than Box 1.
  • It does not make sense that you would have more taxable money than the amount of money you received.
  • Did the Insurance Company give any explanation?

I know this does not completely answer your question.  Please contact us again and provide some additional details.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question