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Get your taxes done using TurboTax
You do not add the distribution when it asks for the year end value, TurboTax will do that automatically on the 8606 line 9 to calculate the taxable amount. That is part of the 8606 calculations, and comes from the 1099-R for the distribution, not what you enter as the year end value.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
May 25, 2020
7:49 PM