Retirement tax questions

 

 

1-Delete this 1099-r entry from scratch

2- Then, on the right hand side in the search bar, type in 1099-r

3- Then, click on the "Jump to 1099-r" highlighted in blue. 

4- When you get to this screen, enter in all the information exactly like this

Screenshot 2024-02-19 152529.png

 

then when you get to this screen here, indicate that this is for 2024

 

Following this, You will get to a screen which will ask if you if you took disaster distributions in prior years, you will say no

 to this screen, you will indicate that it was corrective distributions made before the due date of the return.

Screenshot 2024-02-20 072451.png

 

 

Then you will get

In the following screen, it will ask you for a description of the return of the contribution, just say excess contribution.

 

And will seamlessly show up on your 1040 pg. 1 line 4A and 4B like this

 

 

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