Is anyone having issues with a 1099R not being taxed on the 1040?
Which type of account? Is there basis in that account?
No, there is no basis. My problem is that if you look at my 1099r summary it shows the entry as taxable but on the 1040 it shows the total but nothing is taxable.
What is the code in box 7
Check the IRA information worksheet to be sure theres no basis lurking in there.....
Ive had damaged 1099R worksheets in past years, had to delete and reenter from scratch to make the figures flow properly.