asked
I funded my Traditional IRA with after-tax money in January 2022 and converted it to a Roth IRA in March 2022. I received a 1099-R for 2022 with amounts in box 1 (gross distribution) and box 2a (taxable amount). I believe this conversion should be nontaxable. Why is there a taxable amount, and how should I report it on my 1040?
July 17th, 2024
My husband rolled over roughly $1500 from one 401k to another 401k. During the process, the check to the new 401k was lost in the mail. The 401k (Fidelity) issuing the check is putting a stop on the check and issuing a new one to T. Rowe Price (New 401k). However, our 1099R is making it look like we took the money out as 'income'. What options do we have to complete our tax return and not be penalized for this error?
June 1st, 2024
What is an IP PIN and how can I obtain or retrieve it for filing my taxes?
December 5th, 2023
Why does TurboTax show a refund of $6,579 when my tax liability is $58,857, my tax withheld is $66,933, and my excess FICA is $8,076, resulting in an expected refund of $8,076?
May 25th, 2024
How can I get a digital copy of my W-2 form to upload for my tax filing?
January 26th, 2024
I was trying to sell my house but didn’t know about the back taxes, and now criminal charges are pending for deceptive practices, theft, and intent for $500 to $10,000. How can I prove I didn’t know about the back taxes?
September 6th, 2024