I started my taxes today.
The usual nightmares on many sides.
One of my $10k rollovers from a school IRA (403-B, I think), going into one my retirement IRAs came up as a dispersal for me to pay taxes on a 1099-R form.
Phone calls to my financial guy who handles my accounts (through school), & to Metropolitan, trying to show they put a code "7" (normal distribution) into the number 7 box, instead of a "G" (for a rollover).
Now I can't file my taxes till they correct it.
Do you think 3 weeks means 3 months?
I spent an hour on the phone with Turbo Tax b/c of a puzzle with HSA.
I didn't have an HSA in 2019 b/c I was on Medicare, but I had funds I took from the account that had accrued, but it is showing up as income.
On a humorous not, after the person was done going through my form, it ended up that I was to get back as $12k, about the same as paid for ALL my taxes, not just federal (state, SS, medicare, local).
If it is too good to be true..................
I worked on it all afternoon.
I'll call back and get another person tomorrow to work it out.
I had 8 months of work, full year of Medicare & 4 months of SS & pension: it shouldn't be that complicated.
The usual nightmares on many sides.
One of my $10k rollovers from a school IRA (403-B, I think), going into one my retirement IRAs came up as a dispersal for me to pay taxes on a 1099-R form.
Phone calls to my financial guy who handles my accounts (through school), & to Metropolitan, trying to show they put a code "7" (normal distribution) into the number 7 box, instead of a "G" (for a rollover).
Now I can't file my taxes till they correct it.
Do you think 3 weeks means 3 months?
I spent an hour on the phone with Turbo Tax b/c of a puzzle with HSA.
I didn't have an HSA in 2019 b/c I was on Medicare, but I had funds I took from the account that had accrued, but it is showing up as income.
On a humorous not, after the person was done going through my form, it ended up that I was to get back as $12k, about the same as paid for ALL my taxes, not just federal (state, SS, medicare, local).
If it is too good to be true..................
I worked on it all afternoon.
I'll call back and get another person tomorrow to work it out.
I had 8 months of work, full year of Medicare & 4 months of SS & pension: it shouldn't be that complicated.