2034335
My question is my RMD for 2020 was $29,000 and after federal taxes the net was $26,100.00 but i reported $29,000
did i do right
You'll need to sign in or create an account to connect with an expert.
Yes. The tax withheld was part of the distribution and is taxable income reguardless of what you did with it.
Yes and thank you Turbotax
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
sandy4042
Level 5
ecufour
Returning Member
eaglepoint-home
New Member
diitto
Level 2
rei4brad
New Member