After completing my Federal and NY State forms online, TurboTax (online) came up with the following error message: “For electronic filing, New York State withholdings can not be greater than or equal to gross distribution or state distribution."
My NYS withholding is $5,850 and my Gross Distribution is $108,300.
Any suggestions on how to eliminate this ridiculous message?
BTW, I downloaded the 1099-R from Schwab, got the error message, then deleted that 1099, then manually typed in the same 1099. The same error message appears.
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On the Form 1099-R is the box 16 for State Distribution empty or a 0? If so, enter the amount from box 1 into box 16. This should allow you to e-file. The state distribution amount does NOT flow to your state tax return.
Yes, that worked.
Thank you.
There must be thousands of New Yorkers with Schwab accounts that this answer could help.
Interestingly, the "Help" box at the right of my TT Federal Online filing screen now includes your suggestion.
I'm impressed.
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