jctax
Level 2
03-02-2021
02:14 PM
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When would there ever be a time a Traditional IRA distribution is entered with taxable income but is not included in income?
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sjrcpa
Level 15
03-02-2021
02:21 PM
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1. User Error
2. Total distribution and basis is larger.
3. You're using Basic and the 8606 and it's broken.
The more I know the more I don’t know.
jctax
Level 2
03-02-2021
02:30 PM
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1. Not user error. I triple checked then deleted source document and re-entered it. Same result.
2. Basis is not larger.
3. I am using Basic. The 8606 is not working correctly? I have checked all worksheets.
Not understanding why Line 4B would be zero.
Thank you for your help.