Joe Carter
Level 3
03-27-2023
05:34 PM
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HOW DO YOU MAKE THE TAXABLE AMOUNT $0
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abctax55
Level 15
03-27-2023
06:00 PM
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Enter a zero?
Find basis equal to the distribution?
Does the 1099-R show zero but the box "taxable amount not determined" is checked?
HumanKind... Be Both
qbteachmt
Level 15
03-27-2023
07:17 PM
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How did you determine it is supposed to be $0?
What is this payout in regards to? From what sort of account or entity, for what reason?
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George4Tacks
Level 15
03-27-2023
07:20 PM
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If you want a zero, use a negative one
-1 = 0
0 = a blank space
Welcome to the Wonderful World of ProConnect Tax Online (and Lacerte.)
Answers are easy. Questions are hard!
abctax55
Level 15
03-27-2023
08:05 PM
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George... " -1 " in ProSeries? I thought that was a Lacerte trick.
HumanKind... Be Both