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Retirement tax questions
Responses to your questions:
- There's no known error in the software.
- Based on the info provided, the 1099-R seems fine. The distribution code might be a factor.
- This may be a possibility. TurboTax prompts questions that need to be answered carefully since they may affect how things get reported on the tax return.
If your tax return doesn't show the ROTH conversion amount as taxable income, then you may indeed want to consider amending.
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2 hours ago