Hello, I up/downloaded details of 1099-R from IRS to TurboTax. Same with W2s. All good. Until I got to the review section. The tax-paid number is more than my calculations. Not complicated, adding 4 different amounts. The difference between my total and the TT total is the exact amount of withholding from the 1099-R—- which was already included in the calculation, so it was counted twice. I clicked the prompt to see how the TT total was calculated. It clearly said “x amount from your W2s, y amount from your 1099-R and y amount from your unreported 1099-R.” There is no unreported 1099-R. I received one distribution, not two. So where does this unreported1099-R come from? How did the data get onto my TT tax return?
TT recognizes the error because the total taxable earnings + distribution does not include the amount of the duplicate distribution from the so-called unreported 1099-R. The Federal refund calculated by TT is greater than my own calculation by the amount of withholding from the “unreported 1099-R”. The program wants me to request a refund of tax I never paid on a 401k distribution I never received.
Everything I entered and up/downloaded from IRS is accurate. It’s this unreported 1099-R that appears to be a duplicate of what I’ve entered that is bugging the whole thing. Since I can’t see it, I can’t delete it. Anyone else seen this type of glitch? I tried deleting everything and starting over but again—cannot delete what I cannot see. The ghostly 1099-R is still lurking in my tax return.
