I have monthly pension income withholding 20% of tax. turbo tax asks me to check the box what did you do with money from CCERA. I am not sure which box to check. please advice.
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1 Best answer
AnnetteB6
Employee Tax Expert
Feb 25, 2025 5:31:44 AM
If you used the money to pay for your everyday expenses, just choose 'I did something else with it'.
You only need to pick a specific reason when you moved the money into another type of retirement account.
1 Replies
AnnetteB6
Employee Tax Expert
Feb 25, 2025 5:31:44 AM
If you used the money to pay for your everyday expenses, just choose 'I did something else with it'.
You only need to pick a specific reason when you moved the money into another type of retirement account.