I got a cp2000 letter from the IRS
In 2018 I had 4 1099-R's
3 were regular retirement payments dist code 2
1 was fron an ira w/d dist code 1 for $10,000
this one did not get added to line 4a of 1040
any help why this would happen???
IRS changed what appears on Line 4a (if the gross and taxable amount for an IRA dist was the same, it didnt appear on Line 4a, only 4b), but I dont think thats where your issue lies.... what showed on Line 4b? Thats the taxable amount.
Did you have basis for the IRA (that was previously non deductible) that reduced the taxable portion?
Youre going to have to follow the money, look at your 1099R worksheets and the IRA worksheet and see what happened that didnt put the correct amount on Line 4b.
What was on line 4a doesn't mean diddly. How much of the total distributions were actually taxable? Does the IRS show the correct taxable amounts?
and ex marks the spot where those rocks and anvils hit me.