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Retirement tax questions
In 2020, I made contributions for both 2019 and 2020, to catch myself up for both years. (2019 contributions were made prior to 4/15/20) During 2020, I rolled all the contributions made for both years from the traditional ira, to the roth ira. I think those two issues combined are what are giving me the problem. The 1098r lists 10,494.28 on it for all the contributions. Fidelity listed distribution code 2 and checked boxes taxable amt not determined, total distribution, and ira/sep/simple. When I entered the form, they have both 10494.28 in both box 1 and 2. As a result, it is taxing me for the full amount. Based on another section I read, i changed box 2 to zero, and that is causing the issue when it goes through review check. What should I change about how I entered?