- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Our IRA Income is showing aprox $17,000: there was only a total of 12,000 that we rolled over from other retirement accounts into an IRA as we used it to buy a house.
The $5000 that shows as not taxable is part of the $12,000 that we rolled over and then used as earnest money when we put in a bid on our home. Our home didn't close until January 26, 2017. How do I get the IRA income to reflect accurately so that we are not paying tax penalty? I am not certain that this Turbo tax program is accurately our income.
Topics:
‎June 4, 2019
9:52 PM