ToddL
New Member

Retirement tax questions

The amount of any distribution from an IRA is included in any TurboTax Summary Screen as "Total Income"

That does not mean the distribution is "taxable income".

The gross distribution will be be included as "Income" in the program and on your tax return (Line 15a of Form 1040). 

It will only appear in Line 15b of Form 1040 if it is taxable.

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