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Level 15
Level 15

Retirement tax questions

You don't have to indicate on your tax return that the $1,500 was for 2023. You already indicated that to the IRA custodian when you took the withdrawal, and you filed Form 5329 with your 2023 tax return. All you have to do on your 2024 tax return is enter the two 1099-R forms, as you have done. You don't have to do anything else.

 

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