DanaB27
Expert Alumni

Retirement tax questions

If you had the Roth IRA for 5 years and indicated this in the Roth follow-up questions in the retirement section then this is a Qualified Distribution and TurboTax doesn't need to fill out Form 8606. It seems you entered this correctly since your return doesn't have Form 8606. 

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top and type “1099-R” 
  3. Click on “Jump to 1099-R” and enter all your 1099-Rs
  4. Click "Continue" on the "Review your 1099-R info" screen after you entered all you Form 1099-R
  5. Answer "Owned Any Roth IRA for Five Years?" screen

 

Note, if you had the Roth IRA for 5 years then you do not need to enter the net contribution prior to 2024.

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