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Get your taxes done using TurboTax
Please be aware, if you took a Qualified Distribution then you won't have any taxable income.
A Qualified Distribution is any payment or distribution from your Roth IRA that meets the following requirements.
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It is made after the 5-year period beginning with the first tax year for which a contribution was made to a Roth IRA set up for your benefit.
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The payment or distribution is:
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Made on or after the date you reach age 59½,
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Made because you are disabled,
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Made to a beneficiary or to your estate after your death, or
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One that meets the requirements listed under First Home (up to a $10,000 lifetime limit).
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You can verify how much is taxable by looking on line 4b.
To preview Form 1040 in TurboTax Online:
- Click on "Tax Tools" in the left menu
- Click "Tools"
- Click "View Tax Summary" in the Tool Center window
- Click on "Preview my 1040" on the left
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February 27, 2022
10:49 AM