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Retirement tax questions
TurboTax will ask about your basis only if you have entered a Form 1099-R that reports a distribution to you from a traditional IRA, indicated by the IRA/SEP/SIMPLE box being marked on the Form 1099-R provided by the payer. Make sure that the marking of this box on the form in TurboTax agrees with the marking of the form provided by the payer. Also, make sure that you have indicted the correct spouse as the recipient of the Form 1099-R.
‎February 14, 2024
12:52 PM