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Retirement tax questions
The year entered might make a difference in your tax, since you need to know what the taxable amount of the distribution was for the year it belongs to, and that would depend on your income for that year.
You will need to do some research to determine what years the distribution is for. If you cannot determine that, I might suggest you take an average for the years 2015 to 2018, then assume that amount is applicable for each year before 2015. Apply that amount to each year 2015 and before until you use up the distribution.
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March 24, 2020
5:35 PM
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