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Retirement tax questions
@GBB1 wrote:
The fix below is not working. I deleted the 1099-R as you suggest and reentered the information checking the button "none of this was a RMD". I am still not getting the screen saying this was rolled over and TurboTax is STILL including it in income. How does this get fixed?
It is income, but not taxable income. Look at the 1040 line 4 that should have the "income" in line 4a and the taxable amount as zero on 4b with the word ROLLOVER next to it?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
March 12, 2021
3:00 PM