Hello,
While doing the 2024 in TTax, this was noticed on 2023 Return (below) and wanted to assure 2024 that will have the same status is good with State:
>Over 59 1/2
>Lived in PA (all of 2023 -and many years prior)
>Income comes from IRA (Rolled over from 401k in 2023_ Concern is not with 1099R for the Rlvr, just the IRA Rlvr when started to withdrawal as my income to live on)
>Received a 1099R
>Box 16 on 1099R = Amount$$
>State Return showed no amounts_ On PA-40, boxes 1a to 36 all zeros
>Elected no PA tax withholding - per PA one with my status does not pay state tax
Q:
Was TTax correct to not show what was in box 16 of 1099R on PA-40 (on the first two pages, which contain personal info and data/amounts, hence lines 1a - 36)?
I understand there was no state tax applied and perhaps why. Also, the amount from box 16 does appear on pg 2 of PA-40, under "Compensation from Fed. Form 1099R", which I think this tells state what was in box 16(?)
I may be wasting your time and have answered myself, but, hey, let me just take a few minutes so I can be a bit more assured.
Much thanks!
Micheal_
