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Retirement tax questions
Thank you for reply. Unfortunately I have deleted and re-entered RMD 1099R ($700) multiple times and nothing changes - $700 is not being included as taxable income , but $70 Fed tax withheld is included in total taxes withheld. i am using TT Deluxe, Desktop edition (download). There is no follow-up question asking if RMD was cashed out, or anything similar to indicate it. I did likewise put that entire amount applies to RMD for 12/31/2025.
Only solution I can figure out is to go into FORMS, specifically 1040/1040 worksheet and 1099R Summary and manually add on the $700 into the other taxable income from another Distribution already on line 4b. Additionally, on though I have other 1099R's which are reporting correctly, no totals of their amounts are showing up on line 4a of 1040 which shows Total Distributions (vs 4b - Taxable Amount of Distributions.
Would be very appreciative of response at your earliest convenience. Have spent multiple hours googling, posting, entering/deleting/entering again, and cannot figure out why this is not working.
Thank you.