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IRA Distribution

jctax
Level 2

When would there ever be a time a Traditional IRA distribution is entered with taxable income but is not included in income?

 

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2 Comments 2
sjrcpa
Level 15

1. User Error

2. Total distribution and basis is larger.

3. You're using Basic and the 8606 and it's broken.


Ex-AllStar
jctax
Level 2

1.  Not user error.  I triple checked then deleted source document and re-entered it.  Same result. 

2.  Basis is not larger.  

3.  I am using Basic.  The 8606 is not working correctly?  I have checked all worksheets.  

Not understanding why Line 4B would be zero.

Thank you for your help.

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