- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Yes, after you click the Continue button on the page that lists the Forms 1099-R that you have entered, including this Form 1099-R, 2023 TurboTax will ask if you first contributed to a Roth IRA for some year prior to 2019. When you answer Yes to this question, TurboTax will treat code T the same as code Q by including the gross amount on Form 1040 line 4a but excluding it on line 4b. Form 8606 Part III will not be prepared because the distribution is a qualified distribution.
‎December 6, 2023
7:57 PM
379 Views