Question
403(b)
I entered a 403(b) distribution from an educational institution. There is a portion of the distribution that results from employee contributions and should not be taxable. I entered this amount from the 1099-R 9b in Lacerte Screen 13.1, 9b. I expected the taxable amount on 2(a) to be decreased by the employee contribution on line 9b. The total distribution was taxed. Do I need to decrease 2(a) by the amount on 9b.? Thought the Lacerte software would automatically decrease the taxable amount.
