topic Box 14 1099R - state tax withheld- is equal to state distribution.. how to fix this? in Retirement tax questions

Box 14 1099R - state tax withheld- is equal to state distribution.. how to fix this?

olafmacktyson — Wed, 17 Mar 2021 16:02:58 GMT

ny refund is 4,350; box 14 is 4,349.88

Re: Box 14 1099R - state tax withheld- is equal to state distribution.. how to fix this?

macuser_22 — Wed, 17 Mar 2021 16:11:50 GMT

NOTE: prior to 2020 the state tax was in boxes 12-14, 2020 renumbered those boxes to 14-16.

Box 16 is not usually required because it has been an 1099-R industrial standard for many years that if there is only one state in box 14 & 15 then the box 1 amount does not need to be allocated between two states - the entire box 1 amount is understood to be the state distribution so box 16 is just left blank.

But recently, there are at least two states (one being NY) that will reject 1099-R's with a state tax and a blank box 16 so it is okay to enter the box 1 amount into box 16 to satisfy the states requirement.

Re: Box 14 1099R - state tax withheld- is equal to state distribution.. how to fix this?

TuboComet20 — Sun, 19 Mar 2023 17:17:56 GMT

Thank you. It is disappointing that Fidelity doesn't fill-in 1099-R box 16 with the gross amount. I am also disappointed that TurboTax will not transmit returns unless the user manually puts the gross amount in 1099-R box 16.