Thank you for the detailed information.
Following up on 1099-R, the traditional IRA account was ~$3570 and currently, I owe $781 for the federal tax and ~150 for the state tax. Do these taxes make sense? (781/3570)=21%....The traditional account was in State A and I live in State B. Does it matter? Should I be taxed for 1099 based on state A and not B?
Regarding question 3, I was confused by a section called "Traditional IRA and Roth IRA" and asked if I had any ROTH or traditional contributions in 2024. I had only ROTH in 2024.
It then asks for the "repayment of a retirement distribution" ...not sure what this is... then Enter your ROTH IRA contribution....Why should we state the Roth contribution here? Does it help me to get a break or again increase the tax? I even don't know how much I contributed in 2024 for Roth as I had three employers. Should I enter all the details or can I skip this?
I have an additional question regarding the state tax in NY. I worked only for two weeks in NYC (did not move there officially and stayed at a friend's house). I got $2808 and paid $303 for federal and $132 state tax for it. Turbotax calculated an additional ~$150 state tax for me in NY as due. Isn't that wrong? I mean when I check the details, TurboTax considered the entire AGI for the NY tax purposes while it should be only $2808. Am I wrong? I believe I should be taxed only for 2808 for the NY state tax purpose and not the entire AGI. how can I fix it?
Best,
