@plchristopher wrote:
I also constantly get the "needs review" even when I am answering all questions correctly, per instructions on this page. I talked to someone from TT last night, and all they did was go through the help boards just like I am doing. Is this a software problem?
I did notice that my 2020 figure in my summary indicates the full amount of the withdrawal, even though I chose three installments. My return from last year has the one-third amount on line 11 as the "amount subject to tax." I did a test and re-entered my 2020 1099-R, and the "needs review" went away, but then it also taxed me on the full amount of the withdrawal. Help!
Only the 2nd year of the distribution will be entered on your federal tax return Form 1040 on either Line 4b or Line 5b.
Look at your tax return to verify -
You can view your Form 1040 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
