@haydenm261 wrote:
Form 1040 form 1040Sr Line 1-7.
4a has an entry of 1160
4b has an entry of 2320
How can line 4 b be greater than line 4a
The latest version increased my taxes by significantly as I think line 4b should be the same as 4a or lower
Numbers are representative.
Correction. The total distribution should be on line 4a. Try deleting the 1099-R and see if goes away form both lines.
I believe that can happen if you have more then one 1099-R. Some 1099-R's leave line 4a blank if it is all taxable.
**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.**
