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Old 03-07-2003, 01:38 PM
ktyke
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Question

IRA Distributions

What is the name of your state? OH

In using Turbo Tax for 2002, there is a section for a savings credit that asks about previous year IRA 401K distributions. I did take a distribution in 2000, but I paid the penalty and tax on this. The way it is worded is confusing...do I have to list this again? If I do, it decreases my tax refund by $200. Please help! Thanks.
Last edited by ktyke; 03-08-2003 at 08:10 AM.
  #2  
Old 03-11-2003, 02:43 PM
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Location: Washington
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WRONG! You must report the 2000 distribution & reduce the amount of this years credit.
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Old 03-11-2003, 06:15 PM
ktyke
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Thanks for your help!
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