Cannot e-file a return with more than 25 other withholdings

Forum|Forum|6 years ago
April 27, 2020
1 reply
10 views

I have a client that received his RMD from 29 different funds in the same Mutual Fund Company. Each fund reports the amount distributed and the federal income tax withheld. All are separate lines on the same Form 1099-R.

I get the following Critical Diagnostic:

Per IRS electronic filing specifications, returns with more than 25 other withholdings cannot be electronically filed. This return must be filed as a conventional paper return.

Any ideas as to a way around this? I wondered if I could just enter the totals as one 1099-R since it's the same payer, same EIN and same address. I could then attach the 1099-R as a pdf attachment.

Lacerte Tax

This topic has been closed for replies.

Best answer by Cpa325

I would just input ONE 1099R with ONE Gross, ONE FIT, ONE SIT, etc if they are all same EIN. That is like the continuation sheet on a 1099-DIV that gives how much from each stock or fund. I believe it is to be informational for the client, as they may have actually received 29 checks.

Should I still attach the 1099-R as pdf?

George4Tacks

Level 15

"All are separate lines on the same Form 1099-R." Do they each have a separate EIN?

Answers are easy. Questions are hard!

C

Cpa325Author

Level 2

Same EIN on each line

George4Tacks

Level 15

I would just input ONE 1099R with ONE Gross, ONE FIT, ONE SIT, etc if they are all same EIN. That is like the continuation sheet on a 1099-DIV that gives how much from each stock or fund. I believe it is to be informational for the client, as they may have actually received 29 checks.

Answers are easy. Questions are hard!

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