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Can I net the amounts on RRB-1099-R from Box 7 (Total Gross Paid) and Box 8 (Repayments)? These amounts are the same and the repayment is current year. How do I input?

PCARREON
Level 2
 
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1 Comment 1
George4Tacks
Level 15

According to the instructions, box 8 is for prior year. https://rrb.gov/node/1412#:~:text=Form%20RRB%2D1099%2DR%20reports,is%20used%20for%20U.S.%20citizens.

https://www.irs.gov/pub/irs-prior/p575--2019.pdf

 


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