@mlevant1965 wrote:
Well the IRA was opened by my stepdad for me. I never touched it until last January.
While going through TurboTax, I didn't see it asking me any of the questions you have mentioned. I just imported it. Sorry. I am confused
If you import the 1099-R you should still be asked those question. Try going back and "revisiting" the 1099-R, or delete it and enter it manually. What code is in box 7? It should be a "J" for an early distribution of a Roth IRA.
If you don't know the amount of original contributions and can't find that information from the broker, then the entire amount will be subject to tax and penalty. The IRS does not have to give you any tax break (such as tax-free withdrawal of contributions) unless you can prove the tax break with reliable records.
