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After you file
If you contributed to a Roth IRA you will get Form 5498 IRA Contribution Information. If you take money out of the Roth IRA (distribution) then you will get a 1099-R.
Please follow these steps to enter your Roth contribution:
- Open your return
- Click on "Search" on the top right and type “IRA contributions”
- Click on “Jump to IRA contributions"
- Select “IRA Roth”
Please be aware that your Roth IRA contribution may be limited based on your filing status and income. Please see 2020 - Amount of Roth IRA Contributions You Can Make for 2020
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February 10, 2021
9:10 AM