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Retirement tax questions
Thank you so much for your responses.
Yes, I did correct the prior basis amount in the interview. It then asked for an explanation for why my entered amount was different than the Turbotax amount. I entered an explanation. Will this explanation go to the IRS? Should I remove the explanation?
Using the CD version, I did transfer data from my 2020 return. I just looked at the "IRA Information Worksheet" part III line 12 and it has the correct amount, $3,077. Is this because of my override entry above?
‎January 9, 2022
3:51 PM