- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, the distribution should not be taxed by either the Federal or Massachusetts.
If you continue through the interview, you will come back to the initial summary screen, but don't stop there.
- Did either of you take a disaster distribution?
- Owned the ROTH IRA for Five Years = Yes
- Were any ROTH IRAs Open = Yes
- Withdraw from your ROTH IRA Before 2021 = NO
- Enter Prior Year ROTH IRA Contributions
- This is where you carry your total ROTH basis
@kosmos5344 Because you said you purchased the TurboTax software, I expect you have the Desktop CD version.
**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"
March 1, 2022
12:08 PM