paul10
New Member

Retirement tax questions

Okay I did what you said, but that is not an intuitive procesa.  I entered my 1099R for my early Roth distribution of $11,000.  Then when asked, I entered $5,500 for contributions prior to 2017, and Turbotax showed my tax refund went way down.  Then I went to 2017 IRA contributions, chose Roth, and entered $5,500, and then my tax refund went back up to what it was before I entered the 1099R showing a complete wash as expected.  This is an extremely confusing process when I could have been asked to enter all Roth contributions prior to 2018 after entering the 1099R.  I typically do not enter Roth contributions into Turbotax because I do not get a form, and they are not tax deductible.  This should have all been handled within the section where I entered the 1099R.