topic Is there a minimum limit for gross distribution on form 1099-R? in Retirement tax questions

Is there a minimum limit for gross distribution on form 1099-R?

j0c00l2017 — Wed, 11 Feb 2026 04:35:39 GMT

I'm typing in my gross distribution amount as shown on my form 1099-R, but am being prompted to Enter gross distribution in Box 1

Re: Is there a minimum limit for gross distribution on form 1099-R?

DoninGA — Sat, 03 Feb 2024 22:59:47 GMT

Yes, the amount in box 1 has to be $0.50 or more. If it is not then the Form 1099-R does not need to be reported on your tax return.

Re: Is there a minimum limit for gross distribution on form 1099-R?

mgmartins — Sun, 18 Feb 2024 22:27:41 GMT

Hi DoninGA,

My gross distribution is $0.70. Turbotax refuses to go forward. Testing some values, it seems the minimum is $1. How to proceed in this case? Report $1?

Re: Is there a minimum limit for gross distribution on form 1099-R?

DawnC — Sun, 18 Feb 2024 22:31:50 GMT

Yes, report $1. 70 cent should be rounded up to one dollar. @mgmartins

Re: Is there a minimum limit for gross distribution on form 1099-R?

DoninGA — Sun, 18 Feb 2024 22:33:21 GMT

Do not enter the Form 1099-R if the program will not accept the $0.70. That small amount is not going to be an issue if not reported.