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Re: Received a 1099-R IRA gross distribution. I then deposited it into a Roth IRA (age 64). Why would my FED tax increase from depositing into Roth IRA when I enter a Roth contribution in TurboTax?
VolvoGirl
Level 15
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Retirement tax questions
Do not enter a IRA rollover as a new contribution. Only enter it from the 1099R nowhere else.
May 17, 2021
2:29 PM
