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Retirement tax questions
Thanks for responding -- I checked: 1099R boxes 1 and 2a are the same and it is the gross amount; code 7 (normal distribution) and taxable amount not determined box is checked; in TT, when entering the 1099R information, the 3rd input screen asks for the following: was this an RMD for 2021 (yes is my response); was this for all or part of the RMD (part is my response); and it then asks me to state the RMD amount that was part of the gross distribution (I provided the amount for the RMD); the 4th input screen asks if I rolled over all or part (responded yes as I rolled over a portion of the distribution). I will do some checking but at least for now, I answered all the questions in TT (1099R input screens) with the correct information.
‎December 11, 2023
9:30 AM