dmertz
Level 15

Retirement tax questions

You can download and review all of the forms, schedules and worksheets in your tax return before filing once you pay for TurboTax.

 

If the correct amount of earnings is $286, the amount on Form 1040 line 4a should be $10,572.  As long as you indicated to 2019 TurboTax that the code R Form 1099-R for the $1,000 recharacterization was a 2019 Form 1099-R (or didn't enter it at all into 2019 TurboTax), TurboTax will not include this $1,000 twice on line 4a.  Line 4a will be the sum of the gross amounts of two code 2 Forms 1099-R and the code N Form 1099-R:  $1,000(code 2) + $6,286(code 2) + $3,286(code N) = $10,572

 

If you see $11,572 on line 4a, you've done something wrong.