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Retirement tax questions
You can make an entry for a substitute form 1099-R and put the withdrawal amount in box 1and taxable amount in box 2(a). You will see an option to create a substitute form 1099-R on the screen that says Tell Us Which 1099-R You Have when you go to enter the form 1099-R. Code the substitute form 1099-R as "8" in box 7, for excess contributions plus earnings.
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‎April 7, 2022
11:17 AM