- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Make sure that the basis in the Traditional IRA has been entered. You will either see a question about this after you have entered the Form 1099-R reporting the distribution, or you can go to the IRA contribution section to enter that information.
Use these steps to get to the section where you can enter the basis:
- On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
- This opens a box where you can type in “Traditional IRA” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
- The search results will give you an option to “Jump to Traditional IRA”
- Click on the blue “Jump to Traditional IRA” link
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 28, 2022
6:34 AM