Per the worksheet - Box 1 is to input the amount per the 1099 R received. and Box 2a is to enter the taxable portion of that distribution.
However the taxable portion of that distribution DOES NOT carry to line 4 b on page 1 of the 1040. Instead, the full amount of the distribution gets reported as taxable. Additionally, line 4a of page 1 of Form 1040 is blank, instead of properly reporting total distributions received.
Why do you have an input box 2a on the 1099 R worksheet if it does not properly carry the taxable amount to page 1 of the return?
I spent 2 hours on phone with tech support today and they had no answers.
This seems to be a big flaw in your programming and is misleading to tax preparers.
Hopefully you will research this and correct where needed.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.