Thanks for the quick response, and time and effort, to help me out.
However, I don't think you totally understand my situation. My bad explaining the situation. (I confused myself). Because the company, closed out our 401 (actually a 403B) because it had less then 5000.00 when my wife left the company, we did not get a 1099-R for it. We just received a check from them with the federal and state taxes taken out. So, we gave our financial planner the check to rollover into an IRA, and added a personal check (approx $1000.00) to cover the federal and state taxes to also include in the IRA. (In effect, rolling over the money ourselves.) So, all this to say, once again we don't have a 1099-R for it.
I'm not sure how to treat that as anything other than a IRA contribution. So I tried that and when I try to enter it that way, it doesn't provide any tax deduction, or credit, because we made over the MAGI amount.
I feel like I should should somehow be able to get something deduction-wide or credit-wise. Am I missing something...or am I doing something wrong. I even updated my Turbo Tax to Premier, from Deluxe, thinking I just needed the more advanced version. Help!!
Thanks so much!!!
