How do I a record the Fed Tax Withholding ?

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LaLilliput
LaLilliput Member ✭✭
in File Conversion and Backup (Windows)
I am converting a traditional IRA to Roth

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  • Sherlock
    Sherlock Member ✭✭✭✭
    Answer ✓
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    LaLilliput said:
    i made a payment to pay Fed and State Tax but want to record the payment correctly
    I suggest using expense categories associated with the 1099-R:IRA federal tax withheld and 1099-R:IRA state tax withheld tax line items.
  • LaLilliput
    LaLilliput Member ✭✭
    Answer ✓
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    Thank you. I figured it out and did exactly that.

Answers

  • LaLilliput
    LaLilliput Member ✭✭
    Options
    i made a payment to pay Fed and State Tax but want to record the payment correctly
  • LaLilliput
    LaLilliput Member ✭✭
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    Never mind... Light bulb came on and I answered my own question
  • Sherlock
    Sherlock Member ✭✭✭✭
    Answer ✓
    Options
    LaLilliput said:
    i made a payment to pay Fed and State Tax but want to record the payment correctly
    I suggest using expense categories associated with the 1099-R:IRA federal tax withheld and 1099-R:IRA state tax withheld tax line items.
  • LaLilliput
    LaLilliput Member ✭✭
    Answer ✓
    Options
    Thank you. I figured it out and did exactly that.
This discussion has been closed.

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