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You enter the distribution by entering under Wages & Income (or Personal Income) -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R) the Form 1099-R reporting the distribution. Answer the follow-up questions to indicate how much of the distribution was RMD. The Form 1099-R reporting your 403(b) distribution will have the gross amount in box 1, the taxable amount in box 2a, any after-tax amount in box 5 and code 7 in box 7.
Distributions from retirement accounts are not treated as investment income. They are not included in Part I of Form 8960.
You enter the distribution by entering under Wages & Income (or Personal Income) -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R) the Form 1099-R reporting the distribution. Answer the follow-up questions to indicate how much of the distribution was RMD. The Form 1099-R reporting your 403(b) distribution will have the gross amount in box 1, the taxable amount in box 2a, any after-tax amount in box 5 and code 7 in box 7.
Distributions from retirement accounts are not treated as investment income. They are not included in Part I of Form 8960.
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