Thanks for your time explanation
I believe I understand your explanation “the summary screen show gross income, so it includes lines 2a-6a. Line 9 is the taxable part, so it uses lines 2b-6b.” but:
I still don’t understand why a traditional IRA Rollover “xyz amount” that happened in 2003 pops up in Turbo Tax 2024 in Total Income. It was recorded in my 2023 Turbo Tax program which correctly did not included it in the 2023 1040 line 9. Now that same 2023 xyz amount magically appears in my 2024 year Turbo Tax program as the 2024 program is comparing 2023 Total Income to 2024 Total Income.
What drives that xyz amount (now marked in 2024 TurboTax program as “IRA Distribution – nontaxable”) to suddenly appear in the 2024 program’s 2023 to 2024 Total Income comparison. That same xyz amount shown in the 2023 column is being added in the total below its column which is labeled Total Income for 2023. It is labeled as nontaxable but it’s included in the 2023 Total Income totals. That same IRA xyz amount only moved via an uncashed check from one bank IRA to another bank IRA within an hour. It appears to be included correctly in the 2023 Turbo Tax program but has certainly cause me for sure and you probably some too, a lot of stress & concern + wasted time.
The IRA move Bank P sent me a 1099-R and Bank S that generate the new IRA sent a Form 5496.
Why did Turbo Tax include the 2023 IRA rollover xyz amount into the 2023 Total Income, it was not income, just a rollover of funds.
