Skip to main content
TurboTax
Community
TurboTax
TurboTax
S
Sarah Parker
Level 2
April 6, 2022
Solved

multiple 1099-R from same retirement account

  • April 6, 2022
  • 3 replies
  • 23 views

Good morning!

 

I have two 1099-R forms from the same TIAA retirement account. One has the expected amount, based on monthly disbursements. The other is for $0.51 - that's the gross distribution amount in Box 1.

 

TurboTax will not accept that amount.

 

Should I (a) combine the numbers on the two forms - they're REALLY from the same account; I've looked at the account details online and it's all from the same account, or (b) round that up to $1.00, or (c) something else entirely?

 

Thank you.

    Best answer by AmyC

    Only box 1 needs to be rounded up. The rest can round down to zero.

    3 replies

    AmyC
    AmyC
    Level 15
    April 6, 2022

    The IRS only accepts rounded numbers so go ahead and round up to $1.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    S
    Sarah ParkerAuthor
    Level 2
    April 6, 2022

    Amy, thanks for the reply.

     

    There are non-zero values in boxes 2a (same as Box 1), box 4 ($0.05), box 14a ($0.03) and 16a (same as box 1).

     

    Should those also be rounded up to $1.00, or only Box 1 (gross distribution)?

     

     

    AmyC
    AmyCAnswer
    Level 15
    April 6, 2022

    Only box 1 needs to be rounded up. The rest can round down to zero.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
      TurboTax flag icon

      Unlock tailored help options in your account

      Create an account
      TurboTax Expert Assist
      TurboTax Expert

      Get answers to all your tax questions

      Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

      Explore your options
      Terms & ConditionsAccessibility statement
      Sitemap
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      ©1997-2026 Intuit, Inc. All rights reserved.
      Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

      Security Certification of the TurboTax Online application has been performed by C-Level Security.

      By accessing and using this page you agree to the Terms of Use.

      About Cookies Manage cookies

      TRUSTe nResult Certified e-File C-Level Security Certification
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

      Copyright © Intuit Canada ULC, 2026. All rights reserved.

      About Cookies Manage cookies

      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

      © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

      À propos des témoins Gérer les témoins