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On my OMB 1099R 2a shows Taxable Amount UNKNOWN. How much tax should I pay on this ?

 
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On my OMB 1099R 2a shows Taxable Amount UNKNOWN. How much tax should I pay on this ?

The software will calculate the tax owed--if any.   "unknown" is there because the financial institution that issued the 1099R does not have any way to know what other taxable income you received.   

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

On my OMB 1099R 2a shows Taxable Amount UNKNOWN. How much tax should I pay on this ?

You will use the simplified method.  When entering your 1099-R, next to the taxable amount is a learn more link.  click on that, scroll down until you find the simplified method link. Click on that and follow the instructions.

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