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Why do my TSP to traditional IRA tranfer show as income? I did a direct transfer of 32K from TSP to Tra IRA in 2018.
Why do my TSP to traditional IRA transfer show as income? I did a direct transfer of 32K from TSP to Tra IRA in 2018. I received a 1099-R that shows a direct transfer but Turbo Tax still shows it as 2018 income which increases my Adjusted income by 32K.
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‎June 1, 2019
10:36 AM