U.S. 1099R. State Teachers Retirement System of Ohio.
This is the 15th year I've filed the same general information from this form. It always includes $2650 in Box 5 "Employee contributions," etc, and deletes the amount from Box 1 "Gross Distribution" to determine the amount in Box 2a, "Taxable amount". I admit, often TT made me clarify the amount I am taxed on, but never to the degree it did this time, and after verifying the input with several more questions it always let me go ahead with the rest of my tax form.
The crux of the problem seems to be that TT ignores the fact I entered the actual amounts directly from the 1099R, yet they want to investigate further how I CALCULATED the amount of non-taxable income reported. It appears they are referencing some regulations for RMDs from another type of retirement income. That is not pertinent to a 1099R from a PENSION fund.
I've re-entered the item 3 times, and each time TT figures the non-taxable portion is wrong and changes it--but that always changes my total income (etc) and ends up increasing my tax refund. That is bogus and won't be acceptable to the IRS !
And I cannot file my taxes until this part of the program is finally satisfied! There must be a bug in this section of TT.
So what do I do about it?
Thanks!
