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My IRA was rolled over to another IRA and it shows up as non-taxable income. Wil this affect my medicare deductable?
I transfered an IRA from one company to another. I received a 1099R and entered the amount in TurboTax. It shows up in my total income even though it is a non-taxable event. Will this apparent increase in total income affect the amount that I pay for medicare? If so, should I just remove it from the Fed Tax Return since it is a non-taxable rollover?
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‎June 5, 2019
10:55 PM