People in the tax trade use words to clarify each item. the problem is it is a foreign language to everyone. as an example its like saying enter blue in the box. only you never ever say what blue or blew or blu or any other similar sounding phrase or word . then you wonder why its confusing if there are multi meaning for each word or phrase . when your wrapped up into the accounting language you cannot see why there is confusing interpretations on the same page.
I have money I earned and paid income tax upon. it was direct deposited to my checking account. I had transferred some money to my IRA. since I had already paid tax I wanted to know on my tax forms how to enter my amount so I don't wind up paying more tax on money I already paid tax upon. there is absolutely zero reference on how to do this or what happens when I enter this data. does this make any since?
