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Code G on1099-R Error
Hello,
This is a code G (the funds were rolled over into my IRA) for gross distribution $9,525.18 with a taxable amount of $8,930.61. Why does Turbo Tax show I owe $220.00 in federal taxes when I did not receive the funds. I rolled out the money from my 401K plan to an IRA plan. Please advise. Thank you
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‎September 9, 2019
12:24 PM