Skip to main content
January 25, 2025
Question

I want to speak to someone about 'the IRA amounts entered for 2023. The amount mentioned in line 4A of my TAX returns doesn't seem to add up.'

  • January 25, 2025
  • 1 reply
  • 0 views
I filed my 2023 TAX returns thru TURBO TAX. I would like to talk about this with Turbo TAX personnel regarding this.

    1 reply

    VolvoGirl
    Employee
    January 25, 2025

    Could it be this?  If the gross amount on a 1099R is the same as the taxable amount the gross amount is not included on the "a" line.  So line 4a could be different than all the 1099R forms box 1.  

    Employee
    January 26, 2025

    Line 4a will be either blank (if all amounts distributed from IRAs are taxable), or will be the total of the distributions (if something less than the full amount is taxable).  (Note that a code-P 2024 Form 1099-R probably will not be included on line 4a of your 2024 tax return because code P on a 2024 Form 1099-R means taxable on your 2023 tax return.)