topic What state do you live in? in Retirement tax questions

The state tax held out of distribution form ira of 1038.96?

chuckbyers — Mon, 03 Jun 2019 20:43:19 GMT

What state do you live in?

DanielV01 — Mon, 03 Jun 2019 20:43:20 GMT

What state do you live in?

Oregon

chuckbyers — Mon, 03 Jun 2019 20:43:22 GMT

Oregon

Are you wondering why they withheld state tax or what to do?

DanielV01 — Mon, 03 Jun 2019 20:43:23 GMT

Are you wondering why they withheld state tax or what to do?

What to due on state return

chuckbyers — Mon, 03 Jun 2019 20:43:24 GMT

What to due on state return

Oregon fully taxes pension and IRA distributions (with a...

DanielV01 — Mon, 03 Jun 2019 20:43:25 GMT

Oregon fully taxes pension and IRA distributions (with a possible deduction for seniors with certain income restrictions).

Because of this, entering this in the system will be similar to a W2, only you will do so in the 1099-R section (in the Wages and Income section, it is found in the Retirement portion). Make sure you enter the withholdings as they appear in box 12 in the appropriate location and answer all of the questions regarding the distribution in the interview.

All of this should carry over to the Oregon return to determine the correct tax, and whether it contributes somewhat to a refund or if you still owe.