After you file
Perfect! Thank you for that!
I was able to see that the adjustment you were showing in your Form 196 was for Loss Incurred from Total Distribution of All Roths.
If you still have your Roth IRAs in place, you will need to change you answer in the interview section. It currently is marked as no, but you will need to change it to yes to correct this adjustment.
Go back into the Federal section of the return.
- Select the Personal tab
- Select Personal Income
- Select I'll choose what I work on
- Select Visit all under Retirement Plans and Social Security
- Continue through the screens until you see the following:
If you still have Roth IRA accounts open, you need to select Yes here.
No is currently selected. The "no" entry is resulting in treating all of your Roth IRA balances as being distributed and showing that adjustment on your New York return.
