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Turbotax is screwing up my 1099-R
I got a 1099-R for taking a withdrawal from a post-tax pension plan into a ROTH IRA.
Gross distribution $10,300
Employee after-tax contribution $10,000
The system is taxing me on the $300, but I didn't actually take the distribution, it got sent into my 401k (so will be taxed again when I retire), so therefore the entire transaction should have been tax free.
But ALAS Turbotax didn't take this into account and i keep getting taxed for the $300 income
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March 13, 2022
5:43 PM