conkeyro
Returning Member

Retirement tax questions

OK Thanks:  It's beginning to make sense!  The 401K rollover to the IRA was a few years ago.  The 1099R is reporting the distribution from the IRA.  The 1099R did not calculate the taxable amount.  My local broker did this and gave me the 6.01% number to use to calculate the taxable  amount. ( this might not have been the after tax % of contributions . my error).    The IRA/SEPSimple box is checked.  Box 5 is 0.00     Still:  If I know the taxable amount how do I get Turbo to use it?