Hi, I'm puzzled by the mismatch. My 1099-R shows:
Box 1 (Gross distribution) = $8,323.14
Box 2a (Taxable amount) = $90.88
Box 5 (After-tax contribution) = $8,225.89
Box 7 (Distribution code(s)) = G
But Turbotax shows me the following table which shows a very different taxable amount i.e. $188.00:
==== Begin table ===
Retirement income results
Here is how your retirement and IRA distributions affect your income.
Pension and annuity distributions: Total $8,323.00 ; Taxable $188.00.
===== End table ===
I have only one 1099-R form in the return. Could you please help me on this?
Thanks!
