1099R
If a client receives a 1099 R will he have any taxable events?
The taxable income added to the return will generally be the amount in Box 2a of the 1099R, but for IRAs and Roth IRAs the taxable amount could be different.
If a client receives a 1099 R will he have any taxable events?
The taxable income added to the return will generally be the amount in Box 2a of the 1099R, but for IRAs and Roth IRAs the taxable amount could be different.
Permalink Submitted by Alan - IRA critic on Tue, 2024-02-27 16:28
Depends on whether his total income requires him to file a return.