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Retirement tax questions
@DaveF1006 DaveF1006,
Thanks for that hint. I have a follow-up question.
The "other reportable income" option leaves me with some unanswered questions:
- The remediation check is made out to me and my spouse as community property. The other miscellaneous income form has a field for both me and my spouse. Do I split the amount between us or enter the full amount in my field?
- The check includes an amount for "capital component" and an amount for "interest component". There is no field in the "other miscellaneous income" page for this split. Do I enter the interest portion in a separate interest (without 1099) entry and enter the capital component as "other miscellaneous income?"
March 14, 2022
2:37 PM