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Retirement tax questions
Thanks! Yes my 2015 return has a Form 8606, then a blank line on 15a on the 1040 but the following explanation for line 15a:
Date of the Original Contribution:
Date of the Recharacterization:
The Amount Recharacterized):
The Amount Transferred (Recharacterization plus earnings or losses):
Reason for the Recharacterization: overcontribution
Since this year Turbotax automatically downloaded and entered all my 1099 forms from my bank, it automatically downloaded and entered the 2016 1099-R, which is how it prompted me I may need to amend last year's return. Should I leave the 1099-R info in there, or is it better to delete it from the 2016 return altogether?
Date of the Original Contribution:
Date of the Recharacterization:
The Amount Recharacterized):
The Amount Transferred (Recharacterization plus earnings or losses):
Reason for the Recharacterization: overcontribution
Since this year Turbotax automatically downloaded and entered all my 1099 forms from my bank, it automatically downloaded and entered the 2016 1099-R, which is how it prompted me I may need to amend last year's return. Should I leave the 1099-R info in there, or is it better to delete it from the 2016 return altogether?
‎June 3, 2019
10:34 AM