Capital Gains on Form 1099-R

UltimateTax will not calculate this amount to Schedule D or Form 4972 because the program cannot determine where this amount should be entered from the information on Form 1099-R. See the instructions received with Form 1099-R or contact the IRS for information on where and how this amount should be entered in the taxpayer's return.

This information applies to all years of the UltimateTax software.