Hi,
This all makes 100% sense to me and I did as you described, but the NIA earnings are not appearing on line 4b, or anyplace else for that matter, and my tax owed is not reflecting the approximate $200 that I own on the earnings... any ideas what may be missing or maybe TurboTax has a glitch and I should over-ride line 4b?
Really appreciate your help, I did speak to Vanguard again and they said yes, 1099-R in 2025 will have codes J and P, with full withdrawal amount in box 1 and earnings in Box 2a. I am 64 so not sure why code J, but that's what they said...
If I enter 8 and P, then the $880 appears on my 1040 line 1h, Other Earned Income, which may work?
UPDATE: I found what was causing line 4a/4b not to fill in.. I had over-ridden them earlier when I wanted to type them in myself! Even though the boxes were empty, I still needed to cancel the over-ride, and when I did everything filled in correctly and I am all set! I will leave this post here as it may help someone, someday 🙂
Such fun! Thank you again, your post really helped me out.
