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1099-R
I am working with Turbotax Deluxe. In 2020 I transferred a total distribution of a traditional 401K from one company to another without taking any distribution to myself as a payment. That amount of over $124K now shows up as income on my taxes. I entered it as non-taxable, but it comes back in as income. Is this correct? I assume this will mess up my filing, as our joint filing gross income is less than $80K. Please help. Thank you, Tom
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‎April 21, 2021
12:13 PM