In order to invest into my IRA for 2015 tax return $6500, I had funds distributed from one of my Broker accounts. I obviously need to input the Form 1099 B. There was capital gain of $2,200 but I thought it wouldn't be taxable since it went directly to IRA? If it isn't taxable how do I reflect that information into Turbo Tax so my taxes are reduced by said distribution. If it is taxable, then I guess I bit off my nose to spite my face :(
