1099R distribution Code 8 -Return of Capital Taxable in 2023
Gross Distribution 5,000
Taxable Distribution - 5,000
Why does the program exempt it from tax?
@tim05 wrote: 1099R distribution Code 8 -Return of Capital Taxable in 2023 Gross Distribution 5,000 Taxable Distribution - 5,000 Why does the program exempt it from tax?
Are you sure it's not hiding in Wages?
check line 1 wages
It should show up on 1040 line 1H other income
Form 8606 - return of non-deductible contributions?
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