DLP
Level 2
03-06-2021
03:19 PM
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When there is a total distribution from a retirement plan, is there a setting to remove that payer's information during pro forma into subsequent year? Find myself asking clients about "missing" retirement plan/ distribution information only to review the prior year and see it was in fact a total distribution in the prior year.
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kgreen8393
Level 5
03-06-2021
04:53 PM
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I believe it will only be removed if you enter the information to "Delete next year". I do not believe the Total Distribution box on a Form 1099-R will make any difference in the proforma.
