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cspeltz1
New Member

My 1099R reports a Distribution of $111,000 and a taxable amount of $11000, but the total $111000 reports as income. My contributions were $100000.

How do I remove the $100000 contribution from total income?
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1 Reply

My 1099R reports a Distribution of $111,000 and a taxable amount of $11000, but the total $111000 reports as income. My contributions were $100000.

What is on lines 5a and 5b on your 1040?

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