peterhawaii
Level 3
02-28-2021
09:01 PM
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The trick is to get a corrected Form 1099R. Change the Code 1 to code 2 and also change 2a the taxable amount to 1/3 of the box . This is per federal 72 t which is the law on some retirement distributions affected by COVID.
Then we just have to wait for ProSeries to get rid of the error message.