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Get your taxes done using TurboTax
I also have question
how do I report the loss on tax filing?
Although I should've taken out the full $6000 in 2020 and 2021,
However due to the stock tanking, I had net loss and that's why I could only take out
$3290 and $3590.
However when I report like this, The Tax filing only reflects the amount I withdrew. so I am not sure how I could reflect that as 1099-R didn't show the net loss at all. Where can I reflect that loss in Turbo tax?
‎April 17, 2023
3:11 PM