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Retirement tax questions
@Kmalesh wrote:
Box 7: 81 [ It might come with P1 in Jan 2021 1099-R , but looks like for reporting in 2019 I have to use 81 ]
Thank you, seeing "Schedule 2 with the $1.00 of tax on line 6 " .
I think I have repeated the same thing 3 times now - a 2019 contribution returned in 2020 MUST have a code *P1* in box 7 NOT 81. The interview question that it
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
March 31, 2020
2:14 PM