About jamesanddarlenec

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Solved Re: We entered an IRA amount of 51,849. The turbo tax application sh...

Thank you

jamesanddarlenec

Updated Sep 02, 2022
Solved Re: We entered an IRA amount of 51,849. The turbo tax application sh...

On the 1099-R box 7 -code is 4 and there is an X for IRA/SEP/SIMPLE.So for the IRS we can send a copy of the 1099-R that has the taxes already paid?

jamesanddarlenec

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Updated Sep 02, 2022
Solved Re: We entered an IRA amount of 51,849. The turbo tax application sh...

Looking at the 1099-R, in box 4, the federal income tax withheld was $5184.98

jamesanddarlenec

Updated Sep 02, 2022
Solved Re: We entered an IRA amount of 51,849. The turbo tax application sh...

Line 4a is 51850, line 4b is 10,000. On the 1099 R 2a is 51849.80 and 2b was checked as "taxable amount not determined". It was transferred directly to a saving...

jamesanddarlenec

Updated Sep 02, 2022

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Date Registered	‎September 2, 2022 11:13 AM
Date Last Visited	‎September 2, 2022 4:21 PM
Total Messages Posted	5

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