DavG
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Nevermind, it is just confusing wording in the Federal section. When I clicked on the Tax Summary icon in the menu, it showed the correct info.
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The summary screen says, "Your Taxable Income".
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No, it doesn't. TurboTax Desktop goes through the process in the Income section and shows only 1/3 being included in taxable income - but when you get to the en...
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Even though TurboTax Desktop goes through and shows that we took the 3 year repayment option, at the end of the Federal Tax section, it shows us owing taxes on ...
Activity Feed for DavG
- Posted Re: 1099-R Covid Distribution on Retirement tax questions. March 13, 2021 4:25 PM
- Posted Re: 1099-R Covid Distribution on Retirement tax questions. March 13, 2021 4:14 PM
- Posted Re: 1099-R Covid Distribution on Retirement tax questions. March 13, 2021 3:17 PM
- Posted Re: I took distribution from IRA allowed under CoVid-19. I should be able to spread out my tax li... on Retirement tax questions. March 13, 2021 3:10 PM