grandmabee Posted April 2, 2011 Report Share Posted April 2, 2011 I have a 2010 1099 R code P that goes nowhere on 2010 but I know code is for taxable in 2009. When I go to 2009 it is a 13 difference in tax. 1099r only for 50. But question is where does it go. Line 16 or 21 as I don't have a 1099r for 2009 or is it B as it is for earnings on excess contributions. thanks for any help Quote Link to comment Share on other sites More sharing options...
Mike D Posted April 2, 2011 Report Share Posted April 2, 2011 P—Excess contributions plus earnings/excess deferrals (and/or earnings) taxable in 2009. I would show it on line 21 and not have self employment taxes calculated. I would name it excess contributions. Mike Dubin CPA Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.