mtoboggan
Returning Member

Retirement tax questions

@macuser_22 @npierson7  Hi! Sorry, I'm back with a follow-up. I've done my amended return for 2019, added the 1099-R income (I put the code as BP, and when it asked "What year does it say on the return?" I put 2020). But the 1040-X says that the adjusted gross income is the same, that I had no taxable retirement income, and there are no changes to my tax implications. Does this make any sense to you? The taxable amount in box 2 does show as 0.00 but I don't know whether I should still be paying a penalty tax for withdrawing early.