DanaB27
Expert Alumni

Retirement tax questions

Please make sure you answer all you the follow up questions in TurboTax after you entered your 1099-R. 

 

  1. Open your return
  2. Click on "Search" on the top right and type “1099-R”
  3. Click on “Jump to 1099-R”
  4. Click "Continue" and enter the information from your 1099-R
  5. On the "Your 1099-R Entries" screen click "continue"
  6. Continue answering question until the "Any Roth IRA Conversion" and answer all questions carefully.

TurboTax will then calculate the 10% early withdrawal penalty

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"