$40,000 1099-R $13,349 Taxable amount because of 3 year distribution 8915-E Qualified 2020 Disaster Retirement. Had a different preparer last year. How do I make it to do this year and following year 13,349.
Can someone please help me out with this? Thank you in advance
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Thank you Just-Lisa-Now-!!!
This worked for me as well. Now I need help with the regular retirement TP is receiving. Once I entered the information for the second year of disaster retirement repayment-- the program only taxed TP on the repayment and not on the 2021 retirement. What did I do wrong? Should the total amount in pensions taxable (Line 5b) end up more than the the amount received by 1099 (Line 5a)? Pension was $75740 and repayment is $48061
Any help is greatly appreciated
Thanks
Tracey23
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