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Retirement tax questions
Thank you. It's good to have the steps docukmented. However, this discussion highlights something that is an issue for me with TurboTax.. I mentioned in a prior post. There doesn't seem to be a way to see what you did in a step-by-step process after the return is filed. Therefore, I felt it was best to document in a statement, how any number such as the taxable portion of IRA distribution(s) is derived. I haven't checked out the 2020 version to see if you can track if you are audited exactly how a redeposit (characterized as a rollover) is handled.
‎January 25, 2021
7:25 AM