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Retirement tax questions
Thanks for your response. I think we are getting closer to a solution. The problem I have is that Turbo is asking me in input only the Roth contribution for the prior year. I presume that means only the ONE year prior and not all of the others that I contributed to my Roth. They then state that if my withdrawal exceeds my contribution that I may be require to pay taxes. So if I show zero contribution for the prior year all of my withdrawal could be taxed. Thus, I guess the best thing would be to show an amount greater than my withdrawal even though that is not correct. Seems like Turbo would be more precise and flexible.
‎February 18, 2021
7:02 AM