Anonymous
Not applicable

Get your taxes done using TurboTax

You should get a 1099-R from your financial institution and enter it into TT as a 1099-R.

However,

  1. The 1099-R forms are not even available in TT, yet.  Not until the IRS finalizes them.
  2. Financial institutions have until 01/31/2021 to get that information to you.

Also, you should get a Form 5498 showing the contribution to the Roth IRA.  They are two different sections of TT, but if you follow the prompts it will walk you thru each part.

 

I personally would not attempt to file my taxes until I receive these from the financial institution.