topic 1099-R Entery in Retirement tax questions

1099-R Entery

welschp — Fri, 30 Jan 2026 01:51:34 GMT

I received a 1099-R with multiple stock sale entries, do I need to enter each sale into my tax return or can I just make one entry for the total values?

Re: 1099-R Entery

VolvoGirl — Fri, 30 Jan 2026 02:05:41 GMT

You sure you got a 1099R? Is it for a IRA or 401K distribution? You enter the 1099R exactly as shown. You don’t report the individual sales. I’ve never seen a 1099R listing the sales.

Does it look like this?

https://www.irs.gov/pub/irs-pdf/f1099r.pdf

Re: 1099-R Entery

welschp — Fri, 30 Jan 2026 02:41:59 GMT

No, it does not look like the example you linked. It has several of the same boxes (1-Gross Distribution; 2a-Taxable Amount; 4-Federal Income tax withheld; 7-Distribution Code and 14 State Tax Withheld) in columns and multiple lines under each. They list the Fidelity funds (5) that were sold on individual lines with values listed in the columns. That was the genesis of my question. I was thinking that it would make sense to only do a single 1099-R entry in Turbo Tax using the totals of each column. But since Fidelity submitted the 1099-R with all the lines I'm afraid that the IRS will be looking for each line, which would mean I would have to create five 1099-Rs.

Re: 1099-R Entery

welschp — Fri, 30 Jan 2026 02:56:54 GMT

I can send you a redacted version of the 1099-R if you would like to see what it looks like.

Re: 1099-R Entery

KrisD15 — Fri, 06 Feb 2026 01:04:05 GMT

It sounds like a 1099-R from an Employee Stock Ownership Plan (ESOP).

Simply enter the totals, you do not need to list the individual sales.

The IRS computer will only want the totals to match, they will not look for the stock sales.