BillM223
Expert Alumni

Retirement tax questions

cdzluv

 

Please clarify a few things for me. Are you being charged taxes on the federal return (where this amount is normally taxable) or on a state return(where military retirement is often tax-free). If state, which state?

 

"I have already paid taxes on the Amount" - what does this mean? When and where did you pay taxes on this amount?

 

Are you being charge a penalty because you have not taken a sufficient RMD? This is unlikely, but may be an issue with what you have entered. On line 8, Schedule 2 (1040), do you have an amount here?

 

@cdzluv 

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