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Retirement tax questions
the only distribution from my standard IRA was entered on form 8606 line7 as well as the other required info concerning my IRA.
Turbo tax calculated the NON taxable portion and calculated that value for line15c. form 8606 states that number is to be also placed on form 1040 Line.
4b BUT 1040 line 4b is thousands higher! However 1040 line 4a shows the correct value. turbo tax did not have the answer this morning
thanks
Turbo tax calculated the NON taxable portion and calculated that value for line15c. form 8606 states that number is to be also placed on form 1040 Line.
4b BUT 1040 line 4b is thousands higher! However 1040 line 4a shows the correct value. turbo tax did not have the answer this morning
thanks
‎June 3, 2019
12:03 PM