Why is this line 12 FATCA which is not on my 1099R stopping me from e-filing my returns?

[noelsbreezeway]

Why is this line 12 FATCA which is not on my 1099R  stopping me from e-filing my returns?

[ReneeM7122]

FATCA is form 8938.   

Foreign Accounts Tax Compliance Act (FATCA)

Under FATCA, certain U.S. taxpayers holding financial assets outside the United States must report those assets to the IRS on Form 8938, Statement of Specified Foreign Financial Assets. The IRS receives information about foreign assets on form 8938 on your federal tax return. 

How do I file Form 8938, Statement of Specified Foreign Financial Assets?

To get to the 8938 section in TurboTax (requires Deluxe or higher):

1. Open or continue your return if you're not already in it.
2. Search for 8938 and select the Jump to link at the top of the search results.
3. On the Foreign Financial Assets screen, select Yes, I have foreign financial assets
4. Answer yes or no to living in a foreign country, and select Continue.
5. Answer yes or no to amount of foreign financial assets, and select Continue.
6. Carefully follow the instructions. If you need Form 8938, we'll fill it out for you.

[SteamTrain]

@noelsbreezeway 

1)  Did the review/error specify box 12a?
2) are you a NY resident, filing a NY tax return??

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IF so, that is a review/error notice where TTX has not updated the box # to a "14" for 2020 1099-R.

For NY they are really complaining that the NY distribution amount (box 16) did not have a value entered.  It must have  as the same $$ as box 2a (or box #1, if 2a is empty)......even if box 16 is empty or missing on your 2020 1099-R form.   i.e. box 14 cannot be greater than box 16....hard to have NY withholding taken from nothing.

[noelsbreezeway]

I Do Not have a foreign account. The 1099R doesn't put anything in box 16 and because of that when I go to efile it wants me to fix box 12a where it our state withholding tax and therefore won't allow us to e-file. It said I have to print and mail and I did print but can I still efile when I get this figured out? I think it wants our state distributions recorded in box 16. Is this correct??

[noelsbreezeway]

So if I put the distribution numbers in box 16 can I go back and efile instead of mailing in? I already had printed to mail.

[SteamTrain]

Yes...if you have a value in box 2a, put that into box 16.   

If no box 2a value is present, use box 1, (or the federally-taxable amount of box 1..but that'd usually just box 1) and put that into box 16.

Then you should be able to e-file.

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Here's the FAQ on how to switch back to e-file:

How do I change from mail to e-file in TurboTax On... (intuit.com)