Upon review of my federal tax summary, my IRA rollover is included in my total income. I rolled my IRA from one company to another. it shouldn't be included in my income.
Upon review of my federal tax summary, my IRA rollover is included in my total income. I rolled my IRA from one company to another. it shouldn't be included in my income.
It is possible the rollover amount is showing on your tax return but it is not taxable. You need to look on line 4b or 5b on your form 1040 to see if the amount in line 4a or 5a is listed there. 4a and 5a report the distribution, and 4b and 5b reports the taxable amount.
To view your form 1040 and schedule 1 to 3:
Choose Tax Tools from your left menu bar in TurboTax Online while working in your program
Choose Tools
Choose View Tax Summary
See the Preview my 1040 option in the left menu bar and click on it
Choose the Back option in the left menu bar when you are done
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