Confused. Am 69. In 2022, I withdrew a sum from my 401k plan, a one time withdrawal, and it is entered in TurboTax as a taxable withdrawal. On form 1040, line 4b, that full amount is listed.
For Colorado, TurboTax asks me what is my "Qualifying IRA distribution", with a default value already in the cell as "0". Per the TurboTax fact sheet I pull up, a qualifying pension and annuity income includes "certain IRA distributions reported on line 4b of the federal return."
As this was a one time withdrawal (I did one last year as well), came from a 401k plan (pension?), and not an annuity, do I enter the entire amount in Turbotax as a Qualifying IRA distribution (the amount on the Fed form 1040 line 4b)?
FYI, for Colorado, part of my SS is also considered for an exclusion from state taxes, already calculated by TurboTax.
Thx
