- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I made a Charitable distribution directly to a 401 3(c) in December 2021 from my TSA. I turned 70.5 in May of 21. How do I enter this 1099R in Turbo Tax. The program does not have an option for explaining that this amount is tax exempt.
Followup: Workaround: changed the DOB to make taxpayer over 72 and entered the QDC which now Turbo Tax has a popup menu and noted that item was tax exempt. I then went back and entered the correct DOB that reflects 70 1/2.
‎January 27, 2022
10:35 AM