- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
When you enter 1099-R information in Turbox Tax, it ask at the very end, 'Enter the year as it shown in your 1099-R', The answers are in option as '2023' or '2024'. My form shows '2023' and then Turbo Tax respond, 'It looks like you'll have to amend your 2022 return'.
I did do my research, and found many references like this. My 1099-R is resulted from excess contribution in IRA which I had to withdraw. Now it looks like paying a penalty was better than withdrawing the excess amount to avoid this amending past return.
Also TT should ask the year question first instead of taking all the data and then ignoring it based on the year shown on the form.
May 4, 2024
11:41 AM