When I took early distributions, I was under the impression that I was paying all the tax on the money up front, with the 10% that was withheld from the total amount I was withdrawing from both my Roth and my traditional IRA. As I'm entering 1099-R info in Turbo Tax, it appears I'm being penalized the same for each account, even though my larger withdrawal came from my Roth IRA. There is no box to check on the 1099 or in Turbo Tax to indicate whether it was from a Roth IRA or not. I did not use the money for a qualified reason. Regrettably, I lost all of it in a crypto scam. Now it seems I'm hit with a heavy tax burden because of it. I thought the tax rules were different in a Roth IRA compared with a traditional IRA. I knew I was paying a penalty for early withdrawal, but this is excessive. Is there any way to specify in Turbo Tax that a certain 1099-R was from a Roth IRA?
