Why is my ROTH IRA rollover included in my total income? I have already paid the taxes on that money before it was originally deposited.

The employer contribution portion was pretax, so I understand that portion as I am rolling into a ROTH IRA. But my contributions were from my gross wages. Why add it twice?

posted

Why do you think it is included? Did you enter the 1099-R? If you rolled the funds to another retirement account, the distribution is not taxable.

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I can't remove the moving deduction from my CA state tax filing on TurboTax. Anyone help?

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Why is my ROTH IRA rollover included in my total income? I have already paid the taxes on that money before it was originally deposited.

Why is my ROTH IRA rollover included in my total income? I have already paid the taxes on that money before it was originally deposited.

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Why is my ROTH IRA rollover included in my total income? I have already paid the taxes on that money before it was originally deposited.

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Why is my ROTH IRA rollover included in my total income? I have already paid the taxes on that money before it was originally deposited.

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