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Retirement tax questions
As fanfare stated you do not need Form 8606 since you met the 5 year holding period. You distributions are Qualified Distributions.
Please answer the follow-up question in TurboTax how long you had the Roth IRA:
- Login to your TurboTax Account
- Click on "Search" on the top and type “1099-R”
- Click on “Jump to 1099-R” and enter all your 1099-Rs
- Click "Continue" on the "Review your 1099-R info" screen after you entered all you Form 1099-R
- Answer "Owned Any Roth IRA for Five Years?" screen
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February 16, 2025
4:19 AM