What can I do to bring forward the taxable amount from a 1099R instead of the entire amount?
I enter the entire amount on box 1 and the taxable amount in box 2, but the box 1 amount comes forward as income.
011045
1 Best answer
DanaB
Expert Alumni
Jun 4, 2019 6:51:42 PM
The distribution amount from box 1 will be included on Form 1040 line 4a, the amount from box 2 should be on line 4b (taxable amount). The whole distribution will show as income on the summary screen which shows gross income, not taxable income.
1 Replies
DanaB
Expert Alumni
Jun 4, 2019 6:51:42 PM
The distribution amount from box 1 will be included on Form 1040 line 4a, the amount from box 2 should be on line 4b (taxable amount). The whole distribution will show as income on the summary screen which shows gross income, not taxable income.