Hi Diane,
Thanks for the response. I went into Turbo Tax 2018 and entered the information just as it shows up in the 2019 1099-R. With the codes P and J. When I get to the next step it says the following
"Based on the code in box 7 of this 1099-R, your're paying extra tax on this money"
I spoke with the financial institution and they did confirm I did it correctly. Not sure why TurboTax is saying this. I noticed that the Federal amount show 0 but my state now shows $30. Why would I have to pay tax on this to the state?
