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I took a $10k out of my IRA (when I rolled it over from my 401k) but itdoes not show up on the 1099, it is on form 5498 How can I enter the amount in turbotax?
My IRA 1099 shows a gross distribution of $60k and a Taxable amount of $60k and if these details are entered into TurboTax I get taxed on the $60k. $50k was put back into the IRA within 30 days leaving $10k which I will be taxed on. These figure can be calculated from the 5498 form.
So how can I enter the data into TurboTax such that it shows that I took a $10k distribution?
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‎June 3, 2019
4:35 PM