dmertz
Level 15

Retirement tax questions

In the online version, TurboTax presents a page of "Uncommon Situations" where you can mark a box to indicate that the money was transferred to an HSA and later indicate the amount that was transferred to the HSA.

 

In the CD/download version of 2020 TurboTax, failure to ask about HSA funding distributions is a bug.  The workaround is to switch to forms mode, open the 1099-R form and in the "Insurance" section enter the amount transferred to the HSA.

 

@Katie_B , here's another problem that can only be demonstrated by stepping through step-by-step mode and entering a Form 1099-R for a distribution from an IRA, in this case only a problem in the CD/download version of TurboTax and not in online TurboTax.