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Retirement tax questions
Then unless you know form the IRA trustee what codes they will put in box 7, you should wait for the 1099-R that might require amending 2020 to report it.. But the tax withheld will be reported on yiur 2021 tax return if it was returned in 2021.
**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.**
‎April 5, 2021
7:47 AM