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Roth IRA withdrawal
I received a Roth IRA disbursement after our divorce. Entered information from form 1099-R which included codes 2B. When I select the yes this is a Roth IRA button Turbotax says Good News you don't owe any additional taxes, but reduces my refund amount by $2700. It seems to be contradictory. If I say it is not a Roth IRA I get the same message but refund amount stays the same. Am I missing something?
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‎February 1, 2023
10:09 AM