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I did a 401k rollover to traditional IRA. Turbotax is treating this as income. This can't be correct!
More details: I did a 401k rollover to traditional IRA. Turbotax is treating this as income, even though 1099-R says this is a rollover (code G in box 7) and not taxable (2a is 0). In review, I can see the way it's calculating tax, this amount is included in the calculation as well.
How do i fix this?
March 30, 2025
10:04 AM