Why would taxable income (box 2a) be less than gross distribution (box 1) on 1099-R?

wppthe3rd · ‎June 4, 2019

MaryK1 · ‎June 4, 2019

Any distributions made with income that was previously taxed (for example, ROTH IRA) is not taxed again when withdrawn. It is return of basis (or your investment)

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View solution in original post

MaryK1 · ‎June 4, 2019

Any distributions made with income that was previously taxed (for example, ROTH IRA) is not taxed again when withdrawn. It is return of basis (or your investment)

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Why would taxable income (box 2a) be less than gross distribution (box 1) on 1099-R?