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Retirement tax questions
Just enter the 1099-R for the IRA distribution into TurboTax, as it appears on the 1099-R form that you received. After you enter it and proceed through the interview it will ask you a series of questions about the IRA distribution. If the 1099-R has distribution code 7 or 4 in box 7, the IRA/SEP/SIMPLE box is checked on the 1099-R, and you are over 70½ years old, you will come to a screen that asks you whether you transferred part or all of the distribution to charity. If you transferred part of it, it will give you place to enter the amount.
February 22, 2022
4:49 PM