DaveF1006
Expert Alumni

Retirement tax questions

Assuming you have entered your 1099R, go to that form.  Look at the entries made in the 1099R and make sure you indicate the IRA/Sep/Simple box is checked on the 1099R. It may not be checked on the original forms but this box must be checked so the right questions are asked in the remaining part of the interview.

 

Also, the distribution code in Box 7 of the 1099R should read Code J-Early Distribution from a Roth IRA.  After the 1099R is complete, there will be a question that asks what you did with the money. There will be a screen asking if you purchased your first home with the money. It will look like this. 

 

Note: This screen will only appear if Box 7 has a Code j or T and that the IRA box is checked when you  enter the 1099R.

 

 

 

 

 

 

 

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