topic 1099-R Problem in Get your taxes done using TurboTax

1099-R Problem

willgal — Fri, 09 May 2025 18:34:36 GMT

I have a disbursement from a 403b account that came from the post-tax distributions I have received over the past seven years. The total distribution was $70K but the taxable amount (box 2a) was only $55K. I have this entered correctly in my desktop Turbotax, BUT - the program keeps listing the entire $70K as my income. I've searched all over for a solution, but to no avail. Any ideas on a fix?

Re: 1099-R Problem

Mike9241 — Fri, 09 May 2025 18:48:15 GMT

what codes in box 7, unless you are underage, the code should be 7 - normal distribution and are you sure you're looking at line 5b and not 5a, some screens will show the gross not the taxable amount.

Re: 1099-R Problem

willgal — Fri, 09 May 2025 18:56:24 GMT

The codes are "D7"

Re: 1099-R Problem

willgal — Fri, 09 May 2025 19:06:24 GMT

And there is no "5B." It's just box 5.

Re: 1099-R Problem

VolvoGirl — Fri, 09 May 2025 19:11:45 GMT

Box 5a and 5b refers to the lines on your actual 1040.

If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 and make sure it’s right. For 1099R check 1040, the gross amount from 1099R box 1 is in 5a and the taxable amount is in 5b.

Re: 1099-R Problem

willgal — Fri, 09 May 2025 19:23:25 GMT

Thank you, but the screen for the 1099R has been filled out correctly, and the transferred amount onto line 5a of my 1040 is the gross amount (line 1 of the 1099R) instead of the amount from line 2a.

Re: 1099-R Problem

DoninGA — Fri, 09 May 2025 19:25:33 GMT

@willgal wrote:

Thank you, but the screen for the 1099R has been filled out correctly, and the transferred amount onto line 5a of my 1040 is the gross amount (line 1 of the 1099R) instead of the amount from line 2a.

The amount in Box 2a on the Form 1099-R flows to the Form 1040 Line 5b.

Re: 1099-R Problem

willgal — Fri, 09 May 2025 19:29:50 GMT

OK. Got it.

Re: 1099-R Problem

VolvoGirl — Fri, 09 May 2025 19:31:07 GMT

As I said the gross amount from 1099R box 1 goes to 1040 line 5a. The taxable amount in box 2a goes to 1040 line 5b. Check line 5b.