mcfalldn
New Member

Retirement tax questions

If the gross distribution in box 1 and 2-a are the same amount, and I have non-deductible contributions why wouldn't the tax computation be reduced instead of increased? (Tradirional IRA)

Wouldn't the original tax computation by Turbo-tax be based on the higher number to begin with, and reduced when the small amount of non-deductibe contributions is applied? What happens appears to be contrary to commn sense and logic in addition to math itself.