Please follow these steps to enter your 1099-R:
- Click on the Search box on the top and type “1099-R”
- Click on “Jump to 1099-R” and enter your 1099-R
- Click "continue" after all 1099-R are entered
- Answer all Roth questions in regards to the Roth carefully. You will be able to enter your net contributions prior to 2021.
Since you had enough contributions prior to 2021 the distributions of $7,000 won't be taxable. You can verify your entry on line 4b taxable should be $0. For your information, you can withdraw contributions you made to your Roth IRA anytime, tax- and penalty-free.
To preview Form 1040:
- Click on "Tax Tools" in the left menu
- Click "Tools"
- Click "View Tax Summary" in the Tool Center window
- Click on "Preview my 1040" on the left
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