TaxGuyBill
Level 15

Orlando, in case whoever is working on this needs to know, there are MORE problems with IRAs.

A Traditional IRA shows up as completely non-taxable if you add ANY Basis (even $1 Basis will make the entire distribution non-taxable).  I confirmed that.

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/taxable-ira-distributio...

 

Another user said a Traditional IRA is showing up as non-taxable with NO Basis.  However, I was not able to replicate that one.

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/re-1099r-ira/01/133304#...

 

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