DaveF1006
Expert Alumni

Retirement tax questions

it depends. What is the distribution code in Box 7? it should be a J if it is an early distribution from a Roth IRA. Make sure you indicate also that the IRA/SEP/SIMPLE box is checked in your Turbo Tax program. This is located between boxes 7 & 8 in the 1099R entry in your return. Also check your hard copy 1099R has a check mark. 

 

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