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Get your taxes done using TurboTax
Please clarify and confirm my understanding:
- You have (4) 1099-Rs that total $37,103.
- Distribution code was 7
- These are Traditional IRA's
- You also have (2) 8606's (Nondeductible IRA's) totaling $4,809.
- The 1040 line 4a is $37,103
- Line 4b shows $4.811
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March 2, 2022
8:07 AM