topic Re: 1099R question in Retirement tax questions

1099R question

user17732425921 — Wed, 11 Mar 2026 15:33:43 GMT

I entered a 1099-R with following info:

!)Gross Dist: $700

2)Taxable Amt: $700

4) Fed Tax withheld: $70

7) Code 7

No other boxes filled in.

This was complete RMD from approx 20K 403B that was rolled over into a traditional IRA at a different financial institution. Gross Dist of $700 was cashed out.

$700 is NOT being counted as Taxable Income in TurboTax, but Fed taxes taken out are counted in taxes withheld.

1099R for $20K rollover was entered separately, as was 1099R for $700 RMD Distribution.

Shouldn't $700 RMD be counted in Taxable income in TurboTax?

Re: 1099R question

dmertz — Wed, 11 Mar 2026 23:39:19 GMT

It would seem that the $700 Form 1099-R is being treated as having been not been reported as being an RMD and as having been rolled over. Try deleting and reentering this Form 1099-R, making sure to indicate in the follow-up questions that the required RMD was $700, that $700 was allocated to RMD and that the distribution was cashed out.

Re: 1099R question

user17732425921 — Thu, 12 Mar 2026 02:26:31 GMT

Thank you for reply. Unfortunately I have deleted and re-entered RMD 1099R ($700) multiple times and nothing changes - $700 is not being included as taxable income , but $70 Fed tax withheld is included in total taxes withheld. i am using TT Deluxe, Desktop edition (download). There is no follow-up question asking if RMD was cashed out, or anything similar to indicate it. I did likewise put that entire amount applies to RMD for 12/31/2025.

Only solution I can figure out is to go into FORMS, specifically 1040/1040 worksheet and 1099R Summary and manually add on the $700 into the other taxable income from another Distribution already on line 4b. Additionally, on though I have other 1099R's which are reporting correctly, no totals of their amounts are showing up on line 4a of 1040 which shows Total Distributions (vs 4b - Taxable Amount of Distributions.

Would be very appreciative of response at your earliest convenience. Have spent multiple hours googling, posting, entering/deleting/entering again, and cannot figure out why this is not working.

Thank you.

Re: 1099R question

user17732425921 — Thu, 12 Mar 2026 02:39:38 GMT

Follow-up to Earlier Post:

After just writing and explaining that $700 wa not showing up in taxable income, I looked over 1040 one more time and just discovered that the $700 is included in the taxable income of 1040 and supporting worksheets on lines 5a and 5b for Pensions, Annuities and taxable amount. Sorry it took me an entire day to figure this out. and not sure why it's being thrown in with pensions and annuities.

Re: 1099R question

VolvoGirl — Thu, 12 Mar 2026 03:05:46 GMT

The line it's on goes by the little IRA box between boxes 7&8. If that is checked it goes on line 4 with IRAs. If that box is missing or not checked then it goes on line 5 with pensions. Only 1099Rs FROM an IRA go on line 4. Everything else goes on line 5.

Re: 1099R question

user17732425921 — Thu, 12 Mar 2026 15:15:00 GMT

Thank you VolvoGirl! This would be great information for TT to put in follow-up questions. RMD is new for me this year. Appreciate your reply and only wish I didn't spend so much time before putting this to rest. Thanks again - stay well......