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I have a1099R box 1 $$$,$$$ The taxable amount box 2a is 0. box 7 code is G. This was a retirement transfer to Traditional IRA. Why is TT taxing it when I add it in?
The form is loaded correctly in TT. I checked with financial advisor and they confirmed this distribution should not be taxed. It went from a retirement plan directly to a traditional IRA. We are both over 65 years of age.
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March 19, 2025
10:14 AM