MarciaJ720
Returning Member

Retirement tax questions

I tried that and what I got was a negative amount on my 1040 for my IRA withdrawal.  My income was in the poverty range which I know is not correct.

My problem I think arises from the fact I paid income tax with half my withdrawal.  Turbo Tax doesn't like that I did this so I gave up.  It only made $329 difference in the end so I gave up (I have too much money being refunded to waste anymore time on this glitch).

Would have been nice if Turbo Tax simply had the ability to enter form #5498.  Oh well.