@TroyPetry2020 wrote:
After completing the new COVID-19 distribution questions, I'm rightly given a checkbox that says "Pay tax on entire IRA, SEP, Simple, or Roth IRA distribution in 2020." If I check this and move forward, my federal/state refund numbers do not change. If I uncheck it, numbers don't change. Paying taxes on $12k in 3 years vs. 1 year should change my 2020 taxes. is something not quite working yet?
What is the code in box 7 of the Form 1099-R? Was the withdrawal from an IRA and if so was it a Roth?
Are you making a contribution to an IRA in 2020?
