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Retirement tax questions
Joseph,
Thanks for your response. I appreciate your help.
On my 1099, line 2a (taxable amount), is blank. So I entered the taxable amount ($4709) manually in TurboTax. Yet the program still uses the full distribution ($6036) on the Form 1040.
This puzzles me because last year's program used the correct amount without my intervention.
Do you think it's a problem if I use $4709 in line 1 (total received) instead of $6036? My tax calculation would be accurate but the means of getting there wouldn't be.
Dennis O'C.
‎February 17, 2023
1:26 PM