The 21,000 came from an employer sponsored pension plan.
I converted the 12,000 within 60 days of receiving the 21,000 and all transactions happened in 2017.
I received 1099-R for both transactions and realize that the 21,000 will not be taxable and the 12,000 will be taxable.
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You are seeing a total of 33K simply because that is the total amount reported on Forms 1099-R that were entered into your tax return.
It is a kind of checks and balances thing showing that a total of 33K was distributed from some sort of account during 2017. The important thing to consider is how those distributions are being reported on your tax return.
Using an installed version of TurboTax, you can switch to Forms Mode by following the directions below. Then select Form 1040 from the list on the left side of your screen.
https://ttlc.intuit.com/replies/3339204
Or, if you are using TurboTax Online, use these steps to preview your Form 1040:
· In the navigation area on the left side of your screen, click Tax Tools to expand your choices
· Click Tools, which will open the Tool Center
· Click View Tax Summary under “Other Helpful Links…”
· Click Preview My 1040 to see your actual tax form
You are seeing a total of 33K simply because that is the total amount reported on Forms 1099-R that were entered into your tax return.
It is a kind of checks and balances thing showing that a total of 33K was distributed from some sort of account during 2017. The important thing to consider is how those distributions are being reported on your tax return.
Using an installed version of TurboTax, you can switch to Forms Mode by following the directions below. Then select Form 1040 from the list on the left side of your screen.
https://ttlc.intuit.com/replies/3339204
Or, if you are using TurboTax Online, use these steps to preview your Form 1040:
· In the navigation area on the left side of your screen, click Tax Tools to expand your choices
· Click Tools, which will open the Tool Center
· Click View Tax Summary under “Other Helpful Links…”
· Click Preview My 1040 to see your actual tax form
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