1099-R Says "Taxable Amount Not Determined" (2b), But It IS TAXABLE

So I entered a 1099-R that lists "Taxable Amount Not Determined" (2b) and TurboTax doesn't include this distribution as a taxable amount, but it should!

Do I just declare the correct amount in "Taxable Amount" (2a), even though it's actually left blank on the 1099-R?

Is there another way to include the correct value?

Thanks

774

1 Best answer

Level 15

Mar 30, 2025 3:49:24 PM

If you know the amount that should be taxed enter it in 2a.

Level 15

Mar 30, 2025 3:49:24 PM

If you know the amount that should be taxed enter it in 2a.

Level 8

Mar 30, 2025 3:54:09 PM

But what was the 1099-R for and why didn't TT calculate it?

Level 2

Mar 30, 2025 5:10:17 PM

It was a 1099-R with just 2 lines.....the first line was for the entire amount of the IRA and it was rolled into an IRA with a different company (7- Distribution Code "G") and the second line was for the RMD amount that we had to take (7- Distribution Code "7").

Why they didn't list the entire amount of the second line on line 2a is a good question....

thnx

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1099-R Says "Taxable Amount Not Determined" (2b), But It IS TAXABLE