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    <title>topic 1099-R with Negative Earnings in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/1099-r-with-negative-earnings/01/2881639#M1051551</link>
    <description>&lt;P&gt;I received a 2022 1099-R due to an excess contribution in 2021.&amp;nbsp; The return came before April 18, 2022 but after my 2021 return was already filed. I am older than 59 1/2. The 1099-R has a negative earnings amount as there was a loss.&amp;nbsp; From other posts I learned to make an amendment to my 2021 returns reflecting the new 1099-R even though it is marked 2022.&amp;nbsp; Also, from another post I learned to put $0 in box&amp;nbsp; 2A since the amount is negative.&amp;nbsp; The result is two problems:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;1) The Federal return shows no change but does show $0 owed.&lt;/P&gt;&lt;P&gt;2) The state (MI) return seems to have not changed at all and still shows the same amount due as at the original filing.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Am I doing something wrong?&lt;/P&gt;&lt;P&gt;Do I even need to file the amendments if the change does not impact dollar amounts on the retrurn?&lt;/P&gt;</description>
    <pubDate>Mon, 23 Feb 2026 12:36:45 GMT</pubDate>
    <dc:creator>restauffer</dc:creator>
    <dc:date>2026-02-23T12:36:45Z</dc:date>
    <item>
      <title>1099-R with Negative Earnings</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/1099-r-with-negative-earnings/01/2881639#M1051551</link>
      <description>&lt;P&gt;I received a 2022 1099-R due to an excess contribution in 2021.&amp;nbsp; The return came before April 18, 2022 but after my 2021 return was already filed. I am older than 59 1/2. The 1099-R has a negative earnings amount as there was a loss.&amp;nbsp; From other posts I learned to make an amendment to my 2021 returns reflecting the new 1099-R even though it is marked 2022.&amp;nbsp; Also, from another post I learned to put $0 in box&amp;nbsp; 2A since the amount is negative.&amp;nbsp; The result is two problems:&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;1) The Federal return shows no change but does show $0 owed.&lt;/P&gt;&lt;P&gt;2) The state (MI) return seems to have not changed at all and still shows the same amount due as at the original filing.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;Am I doing something wrong?&lt;/P&gt;&lt;P&gt;Do I even need to file the amendments if the change does not impact dollar amounts on the retrurn?&lt;/P&gt;</description>
      <pubDate>Mon, 23 Feb 2026 12:36:45 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/1099-r-with-negative-earnings/01/2881639#M1051551</guid>
      <dc:creator>restauffer</dc:creator>
      <dc:date>2026-02-23T12:36:45Z</dc:date>
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    <item>
      <title>Re: 1099-R with Negative Earnings</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-with-negative-earnings/01/2881670#M1051563</link>
      <description>&lt;P&gt;You don't need to amend the return to report the 1099-R, as it doesn't report income earned or received.&lt;/P&gt;</description>
      <pubDate>Tue, 14 Feb 2023 00:36:31 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-1099-r-with-negative-earnings/01/2881670#M1051563</guid>
      <dc:creator>ThomasM125</dc:creator>
      <dc:date>2023-02-14T00:36:31Z</dc:date>
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