Why is Form 1040 line 4a not showing the total gross distribution from all IRAs and Pensions flowing through from the 1099R?

Forum|Forum|6 years ago
December 7, 2019
4 replies
31 views

The amounts from Box 1 on the 1099R are only flowing to the 1040 box 4a if it does NOT have the IRA box checked. The taxable portion, 1040 line 4b, is correct and includes the amounts from the 1099R box 2a regardless of if it is an IRA or a pension. But, this seems like box 4a should have ALL of the IRA and pension amounts listed so that the IRS can match it. In addition, it makes it hard to do a review when the gross distribution of the IRA is not listed anywhere on the tax return.

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Best answer by Just-Lisa-Now-

This is correct and its by design, no bug or oversight. Look at prior years returns when the IRA was on a separate line that Pension...if the IRA had the same amount in gross and taxable , only the taxable amount appeared, the gross box was empty.

Now that they are all combined onto ONE line, it looks odd. Your taxable amounts correct, right?

Just-Lisa-Now-

Answer

Intuit Community Champion

This is correct and its by design, no bug or oversight. Look at prior years returns when the IRA was on a separate line that Pension...if the IRA had the same amount in gross and taxable , only the taxable amount appeared, the gross box was empty.

Now that they are all combined onto ONE line, it looks odd. Your taxable amounts correct, right?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

K

Karen-CollopyAuthor

Level 3

Yes, the taxable line is correct. Ok, thanks! I understand your explanation, it's too bad there aren't separate lines any longer.

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