1099R gross distribution not showing up on line 4a

Technical topics regarding tax preparation.
#1
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250
Joined:
9-Aug-2018 9:36am
Location:
Florida
Client received a 1099R with $3,500 in box 1 (gross distributions) and 2a (taxable amount). Also, the IRA/SEP/SIMPLE box is checked.

On page 2 of the 2018 1040, the amount in line 4a (gross distributions) is blank, and line 4b shows $3,500. If I uncheck the IRA/SEP/SIMPLE box the $3,500 shows up in line 4a.

Can anyone explain what I'm missing.

Thanks!
 

#2
sjrcpa  
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6477
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23-Apr-2014 5:27pm
Location:
Maryland
Have you checked the 1040 instructions?
Last edited by sjrcpa on 19-Feb-2019 12:26pm, edited 1 time in total.
 

#3
Posts:
250
Joined:
9-Aug-2018 9:36am
Location:
Florida
Haha sjrcpa...thanks for the double check. I did review the instructions, but missed the relevant part. I went back after you mentioned it and found my error.

Thank you!
 


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