Level 15

Retirement tax questions

The distribution is not a qualified distribution.  For TurboTax to be able to determine that these 2018 distributions are nontaxable distributions attributable to Roth IRA contribution basis and Roth conversion basis over 5 year old, you must click the Continue button on the Your 1099-R Entries page, enter your and your wife's contribution basis for years prior to 2018, indicate that did Roth conversions, enter $20,000 for your Roth conversion for years 2013 and before and $5,644 for your 2014 Roth conversion basis.  TurboTax will prepare one Form 8606 for you and another for your wife to calculate that the taxable amount of these distributions is $0.