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Retirement tax questions
@BarryK123 wrote:
I got that same message, but when going into Forms and checking line 4b on the 1040, it showed up as taxable income.
Delete the 1099-R and re-enter. Say that is was NOT a RMD, and then that it was rolled over. Line 4a should have the box 1 amount and the word "ROLLOVER" next to it and 4b should be blank or 0.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎January 14, 2021
9:04 AM