Why am I being asked for a 1099-R? I have a loan from my 401k. Called them and they said the loan doesnt count as income so a 1099-R is not needed.

markdisharoon · ‎June 4, 2019

SteamTrain · ‎June 4, 2019

If you had a 1099-R distribution in a prior year, an empty form may have transferred into this year in case you want to use it again without having to re-enter everything from scratch.

If not needed, then delete the form. Or if it comes up during the error check, go back to the retirement income section and delete the form if you are not using it this year

Other than that, the software asks about a lot of different forms, just as a reminder in case you do need them

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

View solution in original post

SteamTrain · ‎June 4, 2019

If you had a 1099-R distribution in a prior year, an empty form may have transferred into this year in case you want to use it again without having to re-enter everything from scratch.

If not needed, then delete the form. Or if it comes up during the error check, go back to the retirement income section and delete the form if you are not using it this year

Other than that, the software asks about a lot of different forms, just as a reminder in case you do need them

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Why am I being asked for a 1099-R? I have a loan from my 401k. Called them and they said the loan doesnt count as income so a 1099-R is not needed.