I am lost on what to do in Turbo Tax regarding 1099-R
My form Shows Gross Distribution as the same amount as Taxable amount also has Box 4 Federal Tax withheld about 10% When entering in Turbo tax asking if I want to pay all the tax this year or over 3 years? seems to me the tax has been paid correct? this is on my 2020 tax year now I'm working on 2021 I haven't received a 1099-R, however its asking me the same question if I received any withdrawals in prior year. I don't know if I chose to divide the tax over 3 years and paid tax I already paid and now it is adding tax onto something I already paid again in 2021. It's not clear what's going on. How can I tell? and is the tax already paid? do I just forget about the 2020 status and enter nothing in 2021?
