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sdedmon
New Member

On my 1099 R it asks for percentage of total distribution. it says 0% on my box in 1099, but it wont let me enter anything less than .01 in turbotax?? 2

 
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On my 1099 R it asks for percentage of total distribution. it says 0% on my box in 1099, but it wont let me enter anything less than .01 in turbotax?? 2

Zero is not allowed. The box must be blank.

(Box 9a is only used if the box 1 amount was split between 2 or more payees and tells you what your share is. A "0" (zero) would indicate that the 1099-R is reporting your share of nothing, which would be nonsense.)

Some payers insist on putting zero in the box to indicate that it is not used, when they should leave it blank according to the 1099-R form rules. TurboTax follows the rules and complains if it is zero.

**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.**

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3 Replies

On my 1099 R it asks for percentage of total distribution. it says 0% on my box in 1099, but it wont let me enter anything less than .01 in turbotax?? 2

Zero is not allowed. The box must be blank.

(Box 9a is only used if the box 1 amount was split between 2 or more payees and tells you what your share is. A "0" (zero) would indicate that the 1099-R is reporting your share of nothing, which would be nonsense.)

Some payers insist on putting zero in the box to indicate that it is not used, when they should leave it blank according to the 1099-R form rules. TurboTax follows the rules and complains if it is zero.

**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.**

On my 1099 R it asks for percentage of total distribution. it says 0% on my box in 1099, but it wont let me enter anything less than .01 in turbotax?? 2

For what box?  If it's zero then leave it BLANK.  Not a 0 and not a space.

On my 1099 R it asks for percentage of total distribution. it says 0% on my box in 1099, but it wont let me enter anything less than .01 in turbotax?? 2

When TurboTax imports the data from a picture of a 1099-r form TURBO tax inputs a "0" in the field.  If they wanted the field blank they should have interpreted the zero from the 1099-R to a blank on their forms.

 

You have to go in and delete any numbers in the field manually to get past TurboTax edits..then it all works.

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