- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
To understand how box 2a is derived - please look at the Simplified Method here.
It takes some work, but in general, the basis (after-tax dollars) are spread out of the years, so that most of the distribution each year is taxable (but not that part which is "return of basis").
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 7, 2025
3:14 PM