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Get your taxes done using TurboTax
Sounds correct...the after-tax proportion should be calculated by Fidelity and give you a lower box 2a value which is the actual taxable amount. I know they do on mine. Then the amount that was subtracted to give the box 2a value is also shown in box 5.
But I wouldn't think they would include any ROTH 401k distribution on that same 1099-R...maybe they can..don't know.
@dmertz ??
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 18, 2023
2:03 PM