I am doing my elderly dad's taxes for him. He received a 1099R with a large IRA distribution, of which only about 25 percent was the taxable amount and 10 percent of the taxable amount was withheld for Federal taxes. however, when I checked the IRA/SEP/SIMPLE, Federal Tax at top went from a 2K refund to 14K due and State Tax from a 1K refund to 5K due. His only other income is Social Security.
Is there something I may have missed on these forms to cause an error like this or is it correct? Although the 1099R says only 20K is taxable, the full 75K was added to his AGI.
