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Line 5a on 1040-Pensions and annuities
I hope I'm wrong about this but here goes.
I'm on the 'Your Income Summary 2024' page.
In the 'Retirement plans and social security' section.
The 2023 column shows $3,126 while the 2024 column shows $56,067.
When I expand (clicking update) the 401k line it shows my 1099-R entries. They add up to the $56,067.
When I go to the print center and view my 1040, line 5a (pensions and annuities), line 5b (taxable pensions and annuities) shows $3,126. Strange that it would be the exact amount from the previous year.
Is this an error?
Thank you.
March 13, 2025
9:32 PM