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    IRA Distribution

    jctax
    Level 2

    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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    2 Comments 2
    sjrcpa
    Level 15

    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

    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.

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