505035
You'll need to sign in or create an account to connect with an expert.
If there is no amount in Box 2a (or 'taxable amount not determined' is checked) on your 1099-R, the taxable amount is the amount in Box 1.
If there is an amount in Box 5, this may be subtracted from the amount in Box 1 (indicating after-tax contributions).
Click the link for detailed info on how the tax-free portion for OPM is calculated.
Be sure to enter the 1099-R exactly as shown; including the Code in Box 7.
Here's more info:
https://ttlc.intuit.com/replies/3300757
If there is no amount in Box 2a (or 'taxable amount not determined' is checked) on your 1099-R, the taxable amount is the amount in Box 1.
If there is an amount in Box 5, this may be subtracted from the amount in Box 1 (indicating after-tax contributions).
Click the link for detailed info on how the tax-free portion for OPM is calculated.
Be sure to enter the 1099-R exactly as shown; including the Code in Box 7.
Here's more info:
https://ttlc.intuit.com/replies/3300757
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
track06
New Member
wttm2003
New Member
Vermillionnnnn
Returning Member
in Education
Collectors1
New Member
davelubbe
New Member