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Retirement tax questions
Yes, thank you, your explanation really helps a lot.
I do have a value on Line 13 in the amount of $7,589.47 (Bond Premium on Tax-exempt Bond). If I subtract $14,700-$7,589.47, it totals $7,110.53 which is closer now but still a $352.47 difference. From here, with your answer, it gets me close enough to feel that its basically right.
As far as the #2 part of your answer, that detail is right now beyond my comprehension at this point. I will have to do more research on understanding the accrued interest effect on things. lol
Thank you again!
‎July 22, 2024
9:42 AM