topic If all of your IRA distributions are fully taxable, the I... in Retirement tax questions

Enter RMD data but line 1040-4a only shows Pension data, not the sum of Pension and RMD data..

mitduffy — Sat, 01 Jun 2019 20:06:07 GMT

If all of your IRA distributions are fully taxable, the I...

dmertz — Sat, 01 Jun 2019 20:06:08 GMT

If all of your IRA distributions are fully taxable, the IRA distributions will be included only on line 4b, not on line 4a, due to the convoluted instructions the IRS has provided for line 4a.

The IRA instructions for IRA Distributions read"Except as...

wizestep — Sat, 01 Jun 2019 20:06:27 GMT

The IRA instructions for IRA Distributions read"Except as provided next [a list of 4 exceptions], leave line 4a blank and enter the total distribtion (from Form 1099-R, box 1) on line 4b."

I.e., If you have 1099-Rs for both IRA and annuity distri...

huntersandor — Sat, 01 Jun 2019 20:06:28 GMT

I.e., If you have 1099-Rs for both IRA and annuity distributions, you may end up with a larger amount on Line 4b, than on Line 4a, but this is okay because it agrees with the IRS Instructions for Form 1040. This was my situation.

Correct, although confusing. It was my situation also....

wizestep — Sat, 01 Jun 2019 20:06:29 GMT

Correct, although confusing. It was my situation also. If you just look at the form, it appears that 4b could not be larger than 4a, but it can and is if you have both pension/annuity and IRA distributions.

Re: Correct, although confusing. It was my situation also....

FrankV1 — Thu, 13 Jan 2022 16:02:54 GMT

For me, 4a or 4b are forced to 1 and they are left blank. Makes no sense.

Re: Correct, although confusing. It was my situation also....

VolvoGirl — Thu, 13 Jan 2022 16:09:33 GMT

@FrankV1 What is your full question with details? You have added onto a very old post. Several years old post. What year are you asking about? There will be many updates to come for 2021.

Re: Correct, although confusing. It was my situation also....

FrankV1 — Thu, 13 Jan 2022 20:28:06 GMT

My mistake. I didn't look at the date before I posted. Problem is current (2021) tax.

Re: Correct, although confusing. It was my situation also....

DawnC — Thu, 13 Jan 2022 23:19:11 GMT

Except as provided in the exceptions listed in the Form 1040 instructions (see page 26), leave line 4a blank and enter the total distribution (from Form 1099-R, box 1) on line 4b.

If you are still needing help with a question, please post a new question with some additional details, using this link. @FrankV1