DianeW777
Expert Alumni

Retirement tax questions

Yes, you want to enter the Form 1099-R on your return, however the codes in Box 7 will determine the taxability, if any, for your tax return.

  • Withdrawals of contributions from an inherited Roth are tax free. Most withdrawals of earnings from an inherited Roth IRA account are also tax-free. However, withdrawals of earnings may be subject to income tax if the Roth account is less than 5-years old at the time of the withdrawal.
  • Where do I enter a 1099-R?
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