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Cindy77
Returning Member

Ira withdrawal

Greetings. I had a group of 6 simple IRA withdrawals in 2024. Two were rollovers. 4 were simple distributions. So the total of my 'taxable' withdrawals on Line 4b of the 1040 should be the total of the 4 simple withdrawals. The TT calculation is coming up $4,500 short of my calculation. Thought transposition error but I verified all data entry and all 1099R's have been correctly entered. Has anyone else had issues with this? Maybe a glitch in the programming? TIA

Update after looking at the worksheet for 1099R summary on line 40 it is showing non-taxable IRA distributions for sales tax deduction in the amount of $4,500. I'm not sure where that's coming from because everything should be taxable?

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