turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

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

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

View solution in original post

3 Replies

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

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

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

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

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

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question