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Get your taxes done using TurboTax
I just went through the program and tried to duplicate your entries and I did not get taxed on any of the income. Two things to check are that:
1) You entered your Roth IRA contribution correctly. I made sure I entered it before I answered any IRA questions in the 1099-R fields, just to be on the safe side.
2) You must have owned the IRA for 5 years.
‎January 22, 2020
9:23 AM