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Retirement tax questions
I have a question on Pension Plan withdrawals section of Turbo-Tax concerning the RMD.
For the 1099 distribution form I entered the following:
1.-The Gross Distribution was $3,193.75
2-A. The Taxable Amount was $1,752.39
2-B. Total Distribution is checked
3 – 6 – Left Blank
- Normal Distribution
IRA/SEP/Simple Checked
8 – 19 Blank
The taxable amount shows up as $3,193.75 not $1,752.39.
How can I correct this.
Tom M.
February 17, 2021
12:11 PM