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Berniehay3
March 24, 2025
Question

1099Q

  • March 24, 2025
  • 1 reply
  • 0 views

My 1099Q reports 22,000 distribution w/ a basis of 17,000 & a earning of 5000

on my income in Turbotax it is using the full distribution???

    1 reply

    JohnB5677
    JohnB5677
    March 24, 2025

    The answers that you post to the owner and the recipient will change the taxability of the 1099Q

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
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