I have a question on NUA;
Why does Turbo Tax not add the total in Box 2a on my Form 1099-R to my Taxable total in the final results of taxes that I have to pay?
I'm trying to understand why a CPA is telling me that the total in box 2a should be added to my Gross Income for tax purposes, but the program doesn't add it to my taxable income for the year.
I go from having a $9100 refund to paying $7100 to the IRS.
Does anyone know why it doesn't pick up the taxable amount?
Please advise.
Thank you,
Jim
