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401K Distributions
I took two 401k distributions in 2022 from two different 401k plans.
For one distribution I chose a cash distribution. 1099R Box 7 shows 7
For one distribution I chose to rollover directly to an existing Roth (And pay taxes) Box 7 shows G
Turbo Tax combined amounts correctly but put them on 1040 Lines 5a and 5b
Shouldn't they be on 1040lines 4a and 4b? Why did they appear on line 5 instead of 5.
( Because they are on Line 5 my state tax return will not recognize the amounts for state tax exclusion.)
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March 31, 2023
2:34 PM