I have entered a 1099r for the full amount and taxable amount per the form. They are both the same. The client has a small basis in the IRA from prior years which has been carried over . After entering the FMV the Full amount of the IRA is properly reflected on the line 4a. Line 4b shows 0. This is incorrect and I cannot seem to force the correct amount on 4b. It seems like proSeries is automatically assuming distributions are non taxable for 2020.
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There are many threads posting about a known issue with how PS is handling 1099-R's right now.
Altho this seems to say the problem is the opposite:
Are you using Basic or Professional?
Lisa I am using Basic
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