JohnB5677
Expert Alumni

Retirement tax questions

@yovandashea   A rollover from a 401K to an IRA if done properly will not be taxed.

@Li-Madhu A code 7 in Box 7 is a normal distribution.  This normally will be taxed, but the interview questions will help to determine that.

 

To check your tax return:

  1. On the menu bar on the left that shows.
    1. My Info
    2. Federal
    3. State
    4. Review
    5. File
  2. Select Tax Tools
  3. On the drop-down select Tools
  4. On the popup menu
  5. Select View Tax Summary
  6. On the left sidebar

Select Preview my 1040.

 

Line 4a is your IRA distribution.

Line 4B would be the taxable amount.

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