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Deductions & credits
Check your actual 1040 line 4b and see how much is taxable. The tax may be right and just on the RMD. Yes the taxable amount should be the 61,504 - 45,000 = 16,504.
Or if it's saying more is taxable then delete the 1099R and re enter it again. That may clear something out or give you the right questions to answer. Did you say you rolled it over? You are suppose to say you rolled part of it over even if you put it back into the same account.
March 27, 2020
11:02 AM