rjs
Level 15
Level 15

Retirement tax questions


@dlwright1 wrote:

Does the download version let you enter next to Line 54 the "(RC $amount)" and then subtract it from Line 52 so that the amount on Line 54 is 0, and therefore the tax on Line 55 is 0 (for now)?


TurboTax will do all of that for you automatically. You do not enter anything on lines 54 and 55 yourself. TurboTax will do it for you. Just follow the detailed instructions that I posted earlier above.