- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
As you describe it the distribution was definitely from the IRA.
I expect that you received a 1099-R detailing this transaction. There is a check box inside of Box 7 that says IRA/ SEP SIMPLE. If it is checked, you should not get that question.
This is how to post a 1099-R
-
Login to your TurboTax Account
-
Click "Wages & Income" on the top
-
Scroll down to "IRA, 401(k), Pension Plan Withdrawals (1099-R)"
-
Answer "Yes" to the question "Did You Have Any of These Types of Income?"
-
Click "I'll Type it Myself"
-
Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
-
Click "Continue"
-
From here TurboTax will walk you through entering your Form 1099-R
Once you complete the first one you can Add Another 1099-R
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 10, 2022
5:42 AM