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bobgorth
New Member

Why is there no amount on 1040-SR, line 4a or 4b "IRA Distributions", even though I laboriously entered amounts in Turbo Tax from 1099-R?

 
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Accepted Solutions
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why is there no amount on 1040-SR, line 4a or 4b "IRA Distributions", even though I laboriously entered amounts in Turbo Tax from 1099-R?

If the payer did not mark the IRA/SEP/SIMPLE box and box 7 does not have code J, T or Q, the distribution is not from an IRA and the distributions must instead appear on lines 5a/b.

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3 Replies

Why is there no amount on 1040-SR, line 4a or 4b "IRA Distributions", even though I laboriously entered amounts in Turbo Tax from 1099-R?

@bobgorth 

 

You need to edit any actual IRA 1099-R forms, and make sure the box near box 7 has been checked.  The box is labelled IRA/SEP/SIMPLE.   Only check thatt for IRAs, not for Pensions nor 401k/403b/457/TSP type accounts.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why is there no amount on 1040-SR, line 4a or 4b "IRA Distributions", even though I laboriously entered amounts in Turbo Tax from 1099-R?

If the payer did not mark the IRA/SEP/SIMPLE box and box 7 does not have code J, T or Q, the distribution is not from an IRA and the distributions must instead appear on lines 5a/b.

Why is there no amount on 1040-SR, line 4a or 4b "IRA Distributions", even though I laboriously entered amounts in Turbo Tax from 1099-R?

Good Point!

 

Are you sure the 1099-R is actually from an IRA account, and not some other kind of retirement account?

 

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

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