dmertz
Level 15

Get your taxes done using TurboTax

Correction to macuser_22's post.  Assuming that this is your own IRA and not an inherited IRA, you should enter into box 2a the same amount that is in box 1.  The Form 1099-R that you will receive from the custodian will have box 2a equal to box 1.  Although TurboTax ignores the value in box 2a under these circumstances unless you enter $0 which has special meaning, you should make entries that agree with those that will be on the Form 1099-R you will receive.