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RETIREMENT
Three questions.
If I contributed to a Roth can I deduct that amount?
I received a form 1099-R. I rolled the money over into a retirement account. Do I need to report it anywhere in my taxes?
I entered my employee retirement account contributions from box 12b when first started entering information from my W2. Do I reenter the amount in retirement section?
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Investing
@DAVID189 wrote:
Three questions.
If I contributed to a Roth can I deduct that amount?
I received a form 1099-R. I rolled the money over into a retirement account. Do I need to report it anywhere in my taxes?
I entered my employee retirement account contributions from box 12b when first started entering information from my W2. Do I reenter the amount in retirement section?
#1 No - Roth's are not deductible.
#2 Yes. Any 1099-R must be reported in the Retirement 1099-R section.
#3 No. only in the W-2. The employer has already reported it.