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what value is the IRS looking for on line 3 of the Simplied Method (Plan cost at annuity starting date)? My 1099-R has line 2A < line 1?

Previous year's returns on Turbo Tax have just asked me to verify the values entered are correct.
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rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

what value is the IRS looking for on line 3 of the Simplied Method (Plan cost at annuity starting date)? My 1099-R has line 2A < line 1?

Plan cost at annuity starting date is the total employee contributions in box 9b of your 1099-R.

 

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1 Reply
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

what value is the IRS looking for on line 3 of the Simplied Method (Plan cost at annuity starting date)? My 1099-R has line 2A < line 1?

Plan cost at annuity starting date is the total employee contributions in box 9b of your 1099-R.

 

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