qbteachmt
Level 15
02-21-2025
12:32 PM
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1099-R is for money Out. They don't know what else happened after this.
M is loan offset for leaving a job still owing.
Did your taxpayer put their entire outstanding loan balance into the IRA? Or are they just making payments to their own IRA?
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers