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Retirement tax questions
I understand your response to this question, but have a related issue. I did several direct rollovers to consolidate IRA accounts. They were total distributions (distribution code G) and the program handled them correctly as non taxable. What it did incorrectly, is counted them in my total income for the year. Since they were total distributions direct rollovers, the money is only transferred between accounts and should not be included as income.
March 19, 2024
11:22 AM