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Retirement tax questions
For RMD, should we Use Box 1 even if there is an amount in Box 2a (Taxable Amt) that's lower??
Or does it not matter???
Thanks again
On my husbands 1099-R for his pension:
Box 1 Gross Distribution = $40279.46
Box 2a Taxable Amt = $40201.58
Box 4 Federal Tax = $4020.18
Box 5 Employee Contribution = $77.88
Box 7 = "7"I
IRA/SEP/SIMPLE Box = Empty (Unchecked)
‎February 22, 2025
5:07 PM