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Get your taxes done using TurboTax
The taxable amount is calculated on a new 8606 form lines 6-15 or the "Taxable IRA Distributions Worksheet" . That does not change your 1099-R. The final tax will be on the 1040 form line 4b if any.
**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.**
ā€ˇFebruary 25, 2021
9:21 PM