Taxpayers took a distribution in 2017 of $40k. Taxpayers contributed $3k in 2018. Nothing was carried forward by Proseries to line 4 of form 8880. I thought it would automatically do this. Am I wrong? The 2017 distribution should disqualify the taxpayers from receiving retirement savings credit unless I'm missing something.
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
I think TaxGuyBill had a similar problem with a return earlier this year. It doesn't seem to be a consistent problem. happens some times but not others. You may have to manually enter the prior year distribution to get the form to work correctly.
Rick
I think TaxGuyBill had a similar problem with a return earlier this year. It doesn't seem to be a consistent problem. happens some times but not others. You may have to manually enter the prior year distribution to get the form to work correctly.
Rick
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.