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Roth Distribution 1099R Code - Q
I have two 1099R's both with a code=Q in box 7. I withdrew the funds during 2021. Both held for more than 20 years. I am over 69 years of age and understand that these are tax free Roth IRA's.
When entered into TurboTax, it has increased my income and amount of taxes owed. Is there something I have entered incorrectly?
March 18, 2022
10:32 AM