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Retirement tax questions
@fanfare - only 100K can apply to covid, so on your net 119,500 distribution, 19,500 is taxable as is one-third of the CRD of 100K - total taxable 52,833.
@icky0 There is something afoul with the amount on line 5b, and it is being addressed. I am guessing you have already deleted the entry and re-entered it? And you have the 10K repayment entered not as a rollover, but in the disaster follow-up questions?
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March 2, 2021
6:14 PM