1099R shows Boxes 1 and 2 as $7000, but Box 2 should be 0 (Nontaxable). Code is 2. Help!
On the 1099R worksheet, scroll down until you find box B5 - check it.
Thanks, but still shows taxable inmcome on Line 4b, 1040!
Did you enter the original contribution into the software so the basis offsets the 1099R?
Where on the 1099R worksheet?
No place. You want the IRA contributions worksheet for that part of the puzzle.
Specific worksheets are handy, yeh they are! Thanks.
You betcha!
Useless information I feel the need to share...... local Edward Jones rep loves doing these
I think he's going a for a Guiness World Record.
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