Thank you.
A follow-on issue: The 1099R only has gross distribution amount (which is equal to return of excess Roth contribution + attributable earnings). Box is checked for “Taxable amount is not determined”. Distribution code of “7”. This is a Roth originally with USAA and then Schwab took it over. Even if you provide Schwab with the breakdown of return of excess contribution vs attributable earnings, they prepare the 1099 R this way. If I enter it into Turbo Tax this way, the attributable earnings (AE) doesn’t get the 10% tax on 5329, AE also don’t show up on page 1 of 1040 as taxable. Any suggestions on how to enter so that it properly reports the AE on 5329 and as taxable income?
