Enter the Form 1099-R exactly as received under Wages & Income (or Personal Income) -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R), then answer the follow-up questions.
If the code on the Form 1099-R is code 2 or 7, TurboTax will automatically treat the distribution as not subject to an early-distribution penalty. Otherwise, later when TurboTax prompts you enter amounts that are exempt from the early-distribution penalty, enter the amount of the distribution as the amount received as Equal Periodic Payments.
