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Retirement tax questions
@dmertz Sorry now I am confused.
You are saying to go to Less Common Income - > Miscellaneous Income, 1099-A, 1099-C -> Other reportable income and make the loss amount you entered there a negative number.
Isn't that exactly what I said I did?
I have submitted 2 negative amounts there for the losses I incurred from both the traditional and Roth 401k.
That seems to be what you are saying in your second paragraph. But your first paragraph says "I said to enter the loss amount under Other income not already reported on a Form W-2 or Form 1099, not under Other reportable income"
You are saying to go to Less Common Income - > Miscellaneous Income, 1099-A, 1099-C -> Other reportable income and make the loss amount you entered there a negative number.
Isn't that exactly what I said I did?
I have submitted 2 negative amounts there for the losses I incurred from both the traditional and Roth 401k.
That seems to be what you are saying in your second paragraph. But your first paragraph says "I said to enter the loss amount under Other income not already reported on a Form W-2 or Form 1099, not under Other reportable income"
‎June 1, 2019
10:43 AM