topic Trying to determine basis for retirement income. Box 2a has amount of 12.92 and so does box 14. Listed as a taxable state amount. Is this the basis? in Retirement tax questions

Trying to determine basis for retirement income. Box 2a has amount of 12.92 and so does box 14. Listed as a taxable state amount. Is this the basis?

darcieb1 — Mon, 03 Jun 2019 20:14:45 GMT

Of form 1099-r

MichaelL1 — Mon, 03 Jun 2019 20:14:47 GMT

Box 2a and box 14 of the 1099R are showing you what is taxable income.

If the amount in box 1 is higher that the box 2a, the difference is most likely your basis as it is not taxable to you.