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Why doesn't doesn't gross 1099R'S amount equal line 4a on 1040 form?

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Level 1
last updated ‎December 06, 2019 10:38 PM
 
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Level 15
last updated ‎December 06, 2019 10:38 PM

According to the 1040 instructions, if the IRA is fully taxable the amount doesn't need to be shown in 4a.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

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Highlighted
Level 15
last updated ‎December 06, 2019 10:38 PM

According to the 1040 instructions, if the IRA is fully taxable the amount doesn't need to be shown in 4a.

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.

View solution in original post

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Level 15
Level 15
last updated ‎December 06, 2019 10:38 PM
I remember this from last year, if the gross and taxable are the same, nothing shows in the gross box...do things look different than last year or are people just super scrutinizing everything this year?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 15
last updated ‎December 06, 2019 10:38 PM
Pensions and IRAs were on two separate lines last year so things didn't have the funky appearance that it does this year.
ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Level 15
Level 15
last updated ‎December 06, 2019 10:38 PM
That's true, duh me!    My coffee is too hot to drink yet  LOL

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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