Retirement Tax Tips and Answers | TurboTax® Support

On 1099R, in box 7, there is a "T" for "ROTH IRA distribution, exception applies". What exception? Is this distribution taxable or not?

by on Latest post on by

13 Replies 35344 Views

13 Replies

35344 Views

"Box 12 NY State withholdings can not be greater than or equal to gross distribution or state distribution" Box 12 is $63.90 and gross distribution is $1,278.00?

by on Latest post on by

16 Replies 8086 Views

16 Replies

8086 Views

Am I required to make quarterly withholding payments on income that I won't receive until the last day of the year, or just when I receive the distribution?

by on Latest post on by

2 Replies 2205 Views

2 Replies

2205 Views

Does anyone know why Turbo Tax basic handles IRA minimum distributions incorrectly?

by on Latest post on by

4 Replies 2830 Views

4 Replies

2830 Views

I received some gift merchandise from a retailer for providing reviews. Are these taxable? Is there any maximum limit for which I do not have to pay taxes?

by on Latest post on by

1 Reply 1011 Views

1 Reply

1011 Views

Received Schedule K-1 for deceased brother's IRA after filing with substitute form 4852 with what I thought was final income amount. Did not receive as much as I filed?

by on Latest post on by

2 Replies 1061 Views

2 Replies

1061 Views

Can i file a 1040EZ form while contributing to a 457b plan

by on Latest post on by

1 Reply 1560 Views

1 Reply

1560 Views

On form 8958: On Line 11: Taxes Withheld, do I include just the federal income tax withheld or also the social security and medicare tax withheld?

by on Latest post on by

1 Reply 1281 Views

1 Reply

1281 Views

I received a 1099-R for funds I never received. They are going to re-issue the check and I plan on putting the funds into my current 401k. What do I select on my taxes?

by on Latest post on by

1 Reply 4531 Views

1 Reply

4531 Views

What is the 2018 revised version of the data set taken into account to calculate form 1116's "gross income from all sources?"

by on Latest post on by

2 Replies 1583 Views

2 Replies

1583 Views

If my husband and I filed jointly, do I have to add him to my tax addendum or should it just be under my name? I am the one who received a 1099 form.

by on Latest post on by

1 Reply 984 Views

1 Reply

984 Views

In 2012 I overcontributed to my Roth IRA by $333. I need to correct this overcontribution -- all forms to file and all actions to take.

by on Latest post on by

9 Replies 3845 Views

9 Replies

3845 Views

Had it set up for fedeal taxes to be taking from checking account on the 3/15/19 but they did not

by on Latest post on by

1 Reply 1207 Views

1 Reply

1207 Views

My parents are retired and live with me. can I claim them? Their only income is Social Security. Between the two of them they collect around $14,400.00. Thanks Randy

by on Latest post on by

1 Reply 5940 Views

1 Reply

5940 Views

My spouse was unemployed for 6 months when his H1B expired in 2018. Will we get any kind of additional tax return due to this?

by on Latest post on by

1 Reply 1024 Views

1 Reply

1024 Views

I am working with my bank to fix an error in my 1099 report. There is a delay in fixing this and I am now running late with my tax filing. Can I apply for an extension?

by on Latest post on by

1 Reply 785 Views

1 Reply

785 Views

About to finish my return and my 1099 income has just been got counted twice; need to somehow erase one of those payments, so i go on and finish and pay my taxes. Help

by on Latest post on by

1 Reply 927 Views

1 Reply

927 Views

I already filed my returns, but got a 1099-R form in the mail. Line 2a taxable amount is zero. And the distribution code is is G. What am I suppose to do now?

by on Latest post on by

1 Reply 788 Views

1 Reply

788 Views

Expert does your taxes

Do it yourself

Resources

Support

Topics with Label: TurboTax Basic Mac

On 1099R, in box 7, there is a "T" for "ROTH IRA distribution, exception applies". What exception? Is this distribution taxable or not?

"Box 12 NY State withholdings can not be greater than or equal to gross distribution or state distribution" Box 12 is $63.90 and gross distribution is $1,278.00?

Am I required to make quarterly withholding payments on income that I won't receive until the last day of the year, or just when I receive the distribution?

Does anyone know why Turbo Tax basic handles IRA minimum distributions incorrectly?

I received some gift merchandise from a retailer for providing reviews. Are these taxable? Is there any maximum limit for which I do not have to pay taxes?

Received Schedule K-1 for deceased brother's IRA after filing with substitute form 4852 with what I thought was final income amount. Did not receive as much as I filed?

Can i file a 1040EZ form while contributing to a 457b plan

On form 8958: On Line 11: Taxes Withheld, do I include just the federal income tax withheld or also the social security and medicare tax withheld?

I received a 1099-R for funds I never received. They are going to re-issue the check and I plan on putting the funds into my current 401k. What do I select on my taxes?

What is the 2018 revised version of the data set taken into account to calculate form 1116's "gross income from all sources?"

If my husband and I filed jointly, do I have to add him to my tax addendum or should it just be under my name? I am the one who received a 1099 form.

In 2012 I overcontributed to my Roth IRA by $333. I need to correct this overcontribution -- all forms to file and all actions to take.

Had it set up for fedeal taxes to be taking from checking account on the 3/15/19 but they did not

My parents are retired and live with me. can I claim them? Their only income is Social Security. Between the two of them they collect around $14,400.00. Thanks Randy

My spouse was unemployed for 6 months when his H1B expired in 2018. Will we get any kind of additional tax return due to this?

I am working with my bank to fix an error in my 1099 report. There is a delay in fixing this and I am now running late with my tax filing. Can I apply for an extension?

About to finish my return and my 1099 income has just been got counted twice; need to somehow erase one of those payments, so i go on and finish and pay my taxes. Help

I already filed my returns, but got a 1099-R form in the mail. Line 2a taxable amount is zero. And the distribution code is is G. What am I suppose to do now?

Do you have a TurboTax Online account?

Topics with Label: TurboTax Basic Mac