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Yes, you are correct, the box 1 from Form 1099-R would be in 15a and box 2a be in 15b on your 2017 Form 1040. And yes you would have an "other tax" on line 59 that is carried over from Form 5329.
Yes, you are correct, the box 1 from Form 1099-R would be in 15a and box 2a be in 15b on your 2017 Form 1040. And yes you would have an "other tax" on line 59 that is carried over from Form 5329.
On my 2017 return, I have two 1099R that both have taxable amounts in box 2a as a part of the total disctribution. How can I confirm that the amount was included in my total taxable income? My 1040 does not show anything on line 15b.
The distributions would show on line 15b only if the IRA/SEP/SIMPLE box below line 7 on your 1099-R was marked.
A taxable amount might not show if you had basis in the IRA. The taxable amount of your IRA distribution is calculated on Form 8606, so I suggest you look there.
"The distributions would show on line 15b only if the IRA/SEP/SIMPLE box below line 7 on your 1099-R was marked."
... or box 7 includes code J (or in certain circumstances, code T).
The Box 7 Distribution Code(s) 1st code has a "2".
The Box 1 amount $70K. Box 2a taxable amount has $15K. Total distribution is marked "X".
Where does the $15K get added into the total taxable income ?
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