Retirement tax questions

Don't do anything until you check your tax return Form 1040

• On desktop click FORMS (top right corner) and select 1040.
• In the Online version, follow these steps

From the left sidebar

1. Select Tax tools
2. Hint: You may have to minimize the Federal and State selections
3. Click Tools
4. A Menu will pop up
5. Select View tax summary
6. On the left panel click Preview my 1040

Look at lines 4a and 5a

Compare these to 4b and 5b

If you do not see a reduced taxable amount:

You can make a manual adjustment to the 1099-R by subtracting Box 5 from Box 1 and entering it in box 2a.

Edited 02/25/2025 | 4:09 AM PST

@ousooner18