How to enter 1099-R "Box 3" CG included in Box 2a???

Forum|Forum|3 years ago
April 15, 2023
2 replies
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I have 1099-R w/ amount in Box 3. No place on 1099-R input to include this as it is probably @ -0- % tax.

ProConnect Tax

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rbynaker

Level 13

I've never seen a box 3 amount so I took a peek at the 1099-R form. PDF page 7 shows the "back" of the form describing box 3 which directs us to Form 4972. Does PTO have a place to enter 4972 info?

M

Mr MooreAuthor

Level 2

Doesn't seem so. Also, Box 2a needs to be adjusted somehow as it includes the Cap Gain in Box 3. I've never seen this before either. so I guess I'll have to play it by ear with manual adjustments.

George4Tacks

Level 15

In the input for Pensions, there are several categories scattered across the top., One is 3 verticals dots. In that is Lump Sum Distribution for FORM 4972

Post the box numbers and amounts and I will try to replicate for you.

OR Contact Support EITHER https://proconnect.intuit.com/community/proconnect-tax-news-updates/discussion/proconnect-tax-assistant/00/234845 OR https://proconnect.intuit.com/support/en-us/help-article/intuit-account-settings/contact-proconnect-tax-help/L031xWrR5_US_en_US?uid=le1lkg4y

Answers are easy. Questions are hard!

M

Mr MooreAuthor

Level 2

Found the correct answer:

https://www.taxact.com/support/1207/2018/form-1099-r-charitable-gift-annuity-code#:~:text=If%20you%20receive%20income%20from,Box%202a%20of%20the%20form.