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Get your taxes done using TurboTax
I'm 90. Is there any way to subtract enough of my Total Employee Contributions (basis) (Box 9b) from my Gross Distribution (Box 1) so that it results in $0 as the taxable amount. Currently, Box 2 say the taxable amount is "unknown". If I follow the simplified method, it will take me 7-8 years to get my basis all back. I'm afraid I won't live that long...
March 6, 2023
11:22 AM