Form 5329 When I complete the Turbotax form it does not add the additional income that I withdrew in 2020 that should be taxed in 2019. How is this income added?

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Form 5329 When I complete the Turbotax form it does not add the additional income that I withdrew in 2020 that should be taxed in 2019. How is this income added?

For what? What did you withdraw in 2020? What type of account?

**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.**

Form 5329 When I complete the Turbotax form it does not add the additional income that I withdrew in 2020 that should be taxed in 2019. How is this income added?

I withdrew 0 in 2019. Took it out in 2020

Form 5329 When I complete the Turbotax form it does not add the additional income that I withdrew in 2020 that should be taxed in 2019. How is this income added?

Possibly it will just be taxed on my 2020 return in addition to my mdr?

Form 5329 When I complete the Turbotax form it does not add the additional income that I withdrew in 2020 that should be taxed in 2019. How is this income added?

Are you asking about a 2019 RMD for an IRA that you failed to take in 2019 but took it in 2020?

Do you have any 2019 1099-R form at all to report?

**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.**

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