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Direct IRA non-taxable rollovers showing as Pension Distributions?
I understand both IRA and Pension rollovers can show as non taxable on the actual tax form, BUT because they are showing as Pension, instead of IRA distributions, they ARE counting against total income for healthcare marketplace tax credits.
Why do IRA rollovers show as Pension distributions (5a) instead of IRA distributions (4a)? This does not make sense. Thanks!
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‎February 24, 2025
11:12 AM