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hartp2398
New Member

I withdrew money from IRA and paid taxes at time of withdraw asks you to list the 12/31/17 value of all your traditional IRAs this result in an additional 800.00

I withdrew money from IRA and paid taxes at time of withdraw, I am than ask to enter value of all IRAs on 2017 this causes my return to chance from getting 900.00 to 130.  dollars back 

1 Best answer

Accepted Solutions
SweetieJean
Level 15

I withdrew money from IRA and paid taxes at time of withdraw asks you to list the 12/31/17 value of all your traditional IRAs this result in an additional 800.00

You may not have had enough taxes withdrawn to cover the taxes actually due. Or. you took less than a required RMD.

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1 Reply
SweetieJean
Level 15

I withdrew money from IRA and paid taxes at time of withdraw asks you to list the 12/31/17 value of all your traditional IRAs this result in an additional 800.00

You may not have had enough taxes withdrawn to cover the taxes actually due. Or. you took less than a required RMD.

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