1099-R Basis of Retirement Income

[ijr222]

I received a 1099-R for early Distribution of a traditional IRA. Turbotax is asking for a Basis of Retirement Income for PA Tax Filing. Would I implement what is in Box 1 (Gross Distribution) or implement 0.00 (which is what is filled in already)

[ShirlynW]

Would you clarify, did TurboTax put the zero in the box?

[ijr222]

Yes.  At the top it says “Enter basis of the retirement income of $1,641”

in the box below reads “

Basis of Retirement Income

0.00”

This was prefilled information that was rolled over from my Federal information, so wanted to be sure this was correct.

[ijr222]

@ShirlynW 

Yes.  At the top it says “Enter basis of the retirement income of $1,641”

in the box below reads “

Basis of Retirement Income

0.00”

This was prefilled information that was rolled over from my Federal information, so wanted to be sure this was correct.

[ShirlynW]

I advise you to leave the zeros  there.