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Jbanddjtaxes2019
Returning Member

I cant remember how much my distribution was in 2016 for a retirement account i cashed out but i reported it already

 
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1 Reply
LindaB1993
Expert Alumni

I cant remember how much my distribution was in 2016 for a retirement account i cashed out but i reported it already

As a cash basis taxpayer, income is reported in the year received.  The distribution for 2016 is reportable  on the 2016 Tax return and should not affect your 2019 tax return.   

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