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Retirement tax questions
@MB211 wrote:
I DID receive a 1099-R for the check that I received for the closed out account....but THAT dispersing agency has no way of knowing that I deposited it Immediately into an existing IRA with another agency.
My TT version ONLY takes me to the charitable contribution.
this is not applicable this year....and the whole amount is carrying to income. ...Please help!
What code is on box 7 on the 1099-R?
Is the IRA/SEP/SIMPLE box checked?
**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 11, 2021
1:06 PM