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Retirement tax questions
Thanks Amy…. So, what information do I put in Question 1 “Other Contributions previously taxed by MA “. I have entered the amount of my IRA distribution from my 8606 form, that I previously paid taxes on. Is this not correct? Or do I enter here the entire total of my non-deductible IRA contributions over the many decades that I paid taxes on? This information I doubt I’d ever be able to re-create……
Also, I do not remember ever having to answer this question on my MA return when using TT to do my returns.. Is this something new?
And, for Question 2, “Total Distributions received in previous years”…. I assume this is the sum of total distributions since when I first starting taking the RMD from my IRA?
Thanks so much!
Diana
February 15, 2022
7:09 PM