topic I withdrew from IRA's and reinvested the majority back into CD's. Where do I enter this to eliminate the taxes owed? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-withdrew-from-ira-s-and-reinvested-the-majority-back-into-cd-s-where-do-i-enter-this-to-eliminate/01/511548#M47568 <P>Where do I enter CD'S I purchased in 2018?</P> Wed, 05 Jun 2019 02:36:30 GMT Carolwop 2019-06-05T02:36:30Z I withdrew from IRA's and reinvested the majority back into CD's. Where do I enter this to eliminate the taxes owed? https://ttlc.intuit.com/community/retirement/discussion/i-withdrew-from-ira-s-and-reinvested-the-majority-back-into-cd-s-where-do-i-enter-this-to-eliminate/01/511548#M47568 <P>Where do I enter CD'S I purchased in 2018?</P> Wed, 05 Jun 2019 02:36:30 GMT https://ttlc.intuit.com/community/retirement/discussion/i-withdrew-from-ira-s-and-reinvested-the-majority-back-into-cd-s-where-do-i-enter-this-to-eliminate/01/511548#M47568 Carolwop 2019-06-05T02:36:30Z The purchase of Certificates of Deposit is not tax deduct... https://ttlc.intuit.com/community/retirement/discussion/the-purchase-of-certificates-of-deposit-is-not-tax-deduct/01/511559#M47571 <P>The purchase of Certificates of Deposit is not tax deductible.&nbsp; IRA distributions are taxable, unless you re-deposited them into another IRA within 60 days.&nbsp; If you did a "roll over" to another IRA it would not be taxable.&nbsp; <BR /></P><P> </P> <P>If you did rollover your IRA, after you enter(ed) the 1099-R, there is a page that asks "What Did You Do With The Money From [Retirement Plan]"? <BR /></P> <P>Be sure you indicate that you "rolled over all of this money to an IRA or other retirement account (or returned it to the same account)." See Screen Shot #2 below.</P> <P>Answering these questions correctly will result in your distribution showing up as non-taxable.</P> <BR /> Wed, 05 Jun 2019 02:36:31 GMT https://ttlc.intuit.com/community/retirement/discussion/the-purchase-of-certificates-of-deposit-is-not-tax-deduct/01/511559#M47571 DDollar 2019-06-05T02:36:31Z
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topic I withdrew from IRA's and reinvested the majority back into CD's. Where do I enter this to eliminate the taxes owed? in Retirement tax questions
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https://ttlc.intuit.com/community/retirement/discussion/i-withdrew-from-ira-s-and-reinvested-the-majority-back-into-cd-s-where-do-i-enter-this-to-eliminate/01/511548#M47568
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<description><P>Where do I enter CD'S I purchased in 2018?</P></description>
<pubDate>Wed, 05 Jun 2019 02:36:30 GMT</pubDate>
<dc:creator>Carolwop</dc:creator>
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I withdrew from IRA's and reinvested the majority back into CD's. Where do I enter this to eliminate the taxes owed?
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https://ttlc.intuit.com/community/retirement/discussion/i-withdrew-from-ira-s-and-reinvested-the-majority-back-into-cd-s-where-do-i-enter-this-to-eliminate/01/511548#M47568
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The purchase of Certificates of Deposit is not tax deduct...
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https://ttlc.intuit.com/community/retirement/discussion/the-purchase-of-certificates-of-deposit-is-not-tax-deduct/01/511559#M47571
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<P>The purchase of Certificates of Deposit is not tax deductible.&nbsp; IRA distributions are taxable, unless you re-deposited them into another IRA within 60 days.&nbsp; If you did a "roll over" to another IRA it would not be taxable.&nbsp; <BR /></P><P> </P> <P>If you did rollover your IRA, after you enter(ed) the 1099-R, there is a page that asks "What Did You Do With The Money From [Retirement Plan]"? <BR /></P> <P>Be sure you indicate that you "rolled over all of this money to an IRA or other retirement account (or returned it to the same account)." See Screen Shot #2 below.</P> <P>Answering these questions correctly will result in your distribution showing up as non-taxable.</P> <BR />
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https://ttlc.intuit.com/community/retirement/discussion/the-purchase-of-certificates-of-deposit-is-not-tax-deduct/01/511559#M47571
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<dc:creator>DDollar</dc:creator>
<dc:date>2019-06-05T02:36:31Z</dc:date>
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