3027493
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

hrbannon
Returning Member

Why does Turbo Tax show traditional and roth ira distributions as $0. total but $4,000. taxable?

We took no IRA distributions, I'm wondering if it has something to do with spouse's Social Security retirement benefits (because I can't think of anything else whatsoever!)?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
BillM223
Expert Alumni

Why does Turbo Tax show traditional and roth ira distributions as $0. total but $4,000. taxable?

What lines are you referring to? And these are both on the 1040, right?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
hrbannon
Returning Member

Why does Turbo Tax show traditional and roth ira distributions as $0. total but $4,000. taxable?

It shows up on the 1040 line 4b ($4000) while 4a is $0. We took NO IRA distribution.

hrbannon
Returning Member

Why does Turbo Tax show traditional and roth ira distributions as $0. total but $4,000. taxable?

Just figured it out (finally ~). Old 2020 distribution divided over 3 years.

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question