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April 14, 2024
Question

1099R 7D code but in 2a blank.

  • April 14, 2024
  • 1 reply
  • 0 views

It has been like this for three years. Why?

1 reply

KrisD15
April 14, 2024

There are two ways to figure the taxable portion of retirement income (but you can't switch back and forth)

So the Payer is not figuring the taxable portion for you, they have left that up to you (and TurboTax).

 

 

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