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Retirement tax questions
Delete the 1099-R and re-entree - say that it is COVID related. Answer the qualifying questions and do not check the box on the screen that asks it you want to pay all the tax in 2020.
The 1040 should have the 1099-R box 1 amount on line 5a and 1/3 or it on line 5b.
**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 15, 2021
10:03 AM