Joe Carter
Level 3
‎03-02-2025 01:34 PM

If the taxable amount on a 1099-r is less than the gross distribution why does the gross distribution get transferred to the 1040 but not the taxable amount

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rbynaker
Level 14
‎03-02-2025 02:38 PM

Because the IRA box is checked.  IRA taxability is typically calculated on Form 8606 and depends on after-tax basis in the IRA and the value of all IRAs on 12/31.

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