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Retirement tax questions
Yes, please check the “IRA/SIMPLE/SEP” box in the 1099-R.
Yes, you will answer “no” to the question “any excess IRA contribution before 2021”.
But also you don’t have to enter the 1099-R 2021 in the 1099-R entry section in TurboTax when you file the 2021 taxes unless there are withholdings.
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February 7, 2021
12:57 PM
4,381 Views