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Returning Member
posted Feb 1, 2022 3:26:54 PM

I owe taxes on IRA withdrawals but it is not being calculated by turbotax.

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1 Replies
Level 15
Feb 1, 2022 3:34:49 PM

Have you entered the 1099-R in Federal> Wages and Income > Retirement?  What is the distribution code in Box 7?  Be sure you have answered the follow up questions correctly.  Did you check Rollover or Donated to Charity (QCD) by mistake?