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Retirement tax questions
Thanks for your reply.
My 1099 does have two rows:
-6000 with 1P in box 7
-5.09 in Box 1 and 2a and code 81 in Box 7.
And in my 2020 tax return turbo tax included the 5.09 as taxable distribution. Is that right or should it be taxable for 2019?
And when i amend the 2019 return, what would i change? Just upload a substitute 1099 R with this 6000? How do we avoid double counting the 5.09?
Would i get a 5329 in 2019 with the change?
And which forms should i resend with the amended return?
Thanks again,
Rajesh
March 9, 2021
9:33 AM