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Get your taxes done using TurboTax
@smbosworth wrote:
es, but it calculates the amount as $13,331, not $7,723
It should be $7,723 minus the 1099-R box 5 amount = $6,054.
I suggest deleting the 1099-R and re-enter. You must have answered a question incorrectly. It works right for me using your numbers..
**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.**
March 1, 2021
11:58 AM