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Retirement tax questions
i have worked on this in turbotax, but i still think I'm doing somethign wrong. It is showing that I have 18000 worth of distributions in 2021. 6000 of these were for the rollover I did for the 2020 year. And then 12000 were the rollover i did for my wife and I did for 2021 (each rolling over 6000 in 2021 from our personal traditional IRAs to our personal Roth IRAs).
Now it is showing me that:
Traditional and roth IRA distributions = 18000 total. Which means i have 6000 retirement "income".
However, that 6000 is the distribution that was rolled over in the 2020 period, its not income. Any guidance here?
March 4, 2022
4:03 PM