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Steven-J
New Member

Turbotax 2020, Line 25b, 1099R fed tax withheld does not add up correctly

The IRS has sent me a letter asking to substantiate line 25b federal taxes withheld from Forms 1099R.

I have reviewed my Turbotax filing, checked my entries, and cannot substantiate how TurboTax calculated the total of my 1099R entries.   The error is almost a factor of 2 more than I entered in the program!

Any thoughts?  I see another person reported a same error, but subsequently reported that he found the error.

3 Replies
macuser_22
Level 15

Turbotax 2020, Line 25b, 1099R fed tax withheld does not add up correctly


@Steven-J wrote:

The IRS has sent me a letter asking to substantiate line 25b federal taxes withheld from Forms 1099R.

I have reviewed my Turbotax filing, checked my entries, and cannot substantiate how TurboTax calculated the total of my 1099R entries.   The error is almost a factor of 2 more than I entered in the program!

Any thoughts?  I see another person reported a same error, but subsequently reported that he found the error.


Line 25b is not calculated - it is simply an addiction of all 1099 box 4 tax withholding that you entered.    This is almost always caused by downloading the 1099-R's from a financial institution more than once or also manually entering them.

 

Return to your account and print all forms and worksheets "Tax payments worksheet" lines 12 & 13 for the withholding entered.

**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.**
Critter-3
Level 15

Turbotax 2020, Line 25b, 1099R fed tax withheld does not add up correctly

Save a PDF of the return with the worksheets to see how that was complied.   And/or  open the program and review your entries ... maybe you entered something in the wrong place and/or twice. 

 

NOTE:  When you open your return back up, do not make any changes in it if it's already been filed.  If you later have to amend the return, it has to start off exactly as it was when it was originally filed.

                  

  • Log in and at the Tax Home or in the section "Your Tax Returns & Documents" for 2020, look for a link "Add a State."
  • Click on "Add a State."  (you don't really add one.  That's just to open your return back up.)
  • After the return is open, click in the left menu column on TAX TOOLS, then PRINT CENTER.
  • Then choose "Print, save, view this year's return."
  • The next screen should offer some options:  "Just my tax returns", or "include government worksheets (optional)", or "include government and TurboTax worksheets (optional.)"
  • See if one of those PDFs has what you need.  The latter has the most pages.

                          
NOTE:  Remember all PDF tax documents and tax data files are very sensitive files, since they contain your personal ID info, financial data, and possibly bank account numbers, etc.  Be sure to store them safely and securely to guard against computer theft, hacking, etc.

                                       

 

 

 

fanfare
Level 15

Turbotax 2020, Line 25b, 1099R fed tax withheld does not add up correctly

If IRS adjusted your return to the correct amount,

after you e-Filed a wrong amount, just respond that you accept the IRS's findings,

and pay the difference asked for.

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