Level 15
03-14-2021
07:03 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Look at the 8915E's that wer generated once you checked those disaster boxes on the 1099R worksheet....it defaults to a 3 year spread of the income, which may be why it looks like no fed tax is being computed....you should see 1/3 of the income on the front page of the 1040 as taxable.
The 8915E takes away the early withdrawal penalties.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪