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Turbo Tax calculated the incorrect taxable amount on the 1040 line from an OPM (federal) 1099-R entry, which is different from the 1099-R. Info entered correctly. Why?
I entered the gross distribution and the amount in box 2a. shown as the taxable amount, along with the total employee contribution in box 9b. TT calculated the taxable amount $95 lower than shown on the 1099-R for some reason - totally ignoring what I entered as the taxable amount.
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‎January 27, 2021
2:39 PM