- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Ok let me give you my exact scenario.
I took $98,008 as a Covid distribution. I already paid 1/3 of that back. I want to spread the tax out of 3 years, which means that, as I understand it, I should owe $0 in tax on that distribution for 2020.
On my 1040 line 4, it shows IRA distributions of $98,008. Line 4b says $92,008. Not sure where that number is coming from.
‎February 26, 2021
2:50 PM