Why is Turbo Tax deducting one of my pension amounts from the taxable amount on line 5b 1040-SR? Three pensions have all been fully taxable in the past.
02240
1 Best answer
VolvoGirl
Level 15
Feb 4, 2023 10:25:02 AM
Try deleting that 1099R and re enter it. That may clear something out. You might have answered a question wrong. What code is in box 7 on it?
2 Replies
VolvoGirl
Level 15
Feb 4, 2023 10:25:02 AM
Try deleting that 1099R and re enter it. That may clear something out. You might have answered a question wrong. What code is in box 7 on it?
mattiemom2002
Level 1
Feb 4, 2023 10:44:48 AM
The code in box 7 is 7, as it has always been. I deleted the 1099 and reentered it as you suggested. That seems to have worked. Thank you!