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April 11, 2024
Question

Should non-qual pension distribution be taxed twice? TurboTax for 2023 is including on both 1040 lines 5b and 8

  • April 11, 2024
  • 1 reply
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This is income reported on a W-2, lines 1 and 11

1 reply

Employee
April 15, 2024

That does not seem correct. 

 

When I do a test case with W-2 entries in box 1 and box 11 I do not see double tax. I see only an entry on Schedule 1, line 8t, which flows to 1040 line 8, and NOTHING in 1040 line 5b.

 

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