- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, you have an entry error: Delete the 1099-R. You need to enter the $3,000 contribution to the ROTH before you enter the 1099-R. Then the program can connect the contribution was distributed and not tax you on the full amount - just the few cents.
**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 8, 2025
2:29 PM