@ExcessTurbo wrote:
This still does not work correctly for me. While TT makes line 4b zero and has the correct dollar amount in line 4a, it incorrectly adds the tax withheld to line 25b even though I indicated I retuned that money as well.
Line 25b is correct and should be the 1099-R box 4 amount. You cannot change what was withheld and already sent to the IRS by the payer of the 1099-R by you returning that money. The IRS already has the withholding so to get it back as a refund it must be on line 25 to be applied to all your taxable income.
**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.**
