wmoersch
New Member

Confusion of multiple IRA accounts

I converted 403(b) funds to annuities. Those annuities reported distributions on 1099-R with the IRA / SEP / SIMPLE box checked. TurboTax is confusing those distributions with my Traditional IRA and reducing the nondeductible basis of the Traditional IRA. This is avoided if I uncheck the annuity1099-R boxes, but is there another solution?