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HFD from Roth IRA to HSA (under 59 1/2)
I did a one-time HSA funding distribution from my Roth IRA to an HSA in 2023. I'm under 59 1/2, and the Roth distribution was from earnings (not contributions). To avoid the early withdrawal penalty, I want to indicate for the associated 1099-R that the distribution was used for an HFD. However, TurboTax is not giving me the option to indicate this. Does anyone know how I can indicate this Roth IRA distribution was to fund an HSA?
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March 24, 2024
11:10 AM