wab9
Level 2

Non-taxable IRA distribution

In 2022 I put after tax money into a newly created IRA with the plan to use that to fund a "back door" Roth. I ended up deciding not to do that. In 2023 I took that money out of that IRA.  The distribution included the amount I put in plus a small amount of interest earned on those funds. Fidelity has sent me a 1099-R form that shows the total amount distributed in boxes 1 and 2a. Box 2b indicates that the taxable amount was not determined, and that this is a total distribution. When I enter all of this into TurboTax, it considers all of it to be taxable. I would very much appreciate some guidance as to how to enter this in a way to indicate that the principal amount is not taxable and that only the earnings are taxable. Thank you very much.