Am reposting because now have further info. 2025 seems to be pulling the amount that was withdrawn in 2024 and putting that into 2025. Neither of these should be excluded pension amounts. It is a simple IRA.
2026 TurboTax NJ. We have 4 1099R's. Mostly the same and none have any after tax dollars, One entry takes the 1760 withdrawal and reports 1537 as excludable pension. There should be no excludable amount. This is the second year money has been taken out, it's for an RMD. Federal taxes were withheld. THe sum of all the 1099R is correct if you add lines 20a and 20b. We get an error when we do the check. We;ve deleted the entry and re-entered and still get an error. Can't file this way. Help.
You'll need to sign in or create an account to connect with an expert.
No answers....It's something with the x for sep/simple. We worked around it but it's not correct. There is no previously taxed money coming out. Am not thrilled w tt but we are done for 2025 so can close the conversation.
see answer in your previous duplicate post.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
upsraghu
Returning Member
TTAX25
Level 1
greenda
Level 2
bill48
New Member
ahayesbelmont
Level 2