The TaxAct® program will determine what amount (if any) needs to appear on Lines 4a and 4b of Form 1040 U.S. Individual Income Tax Return according to the IRS instructions and the data entered in the program. Usually, if the amount is fully taxable, Line 4a is left blank and the total distribution is entered on Line 4b. Exceptions to this are listed in the IRS Instructions for Form 1040 and 1040-SR.
To enter the information from Form 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. that is used to calculate these amounts:
Note. After you have entered the information from Form 1099-R, the necessary amounts will appear on Lines 4a and 4b.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.