Why is turbo tax asking me for Roth contributions prior to 2018?

sharper0703 · ‎June 4, 2019

I have a 1099-R for a distribution from my Roth IRA. When I enter that info Turbo Tax is asking me for contributions made prior to 2018. This account has been open for 10+ years so that info is not readily available, I am over 59 1/2 so there should be no tax or penalty. Why is it asking for this? What should I enter if I can't find the answer?

macuser_22 · ‎June 4, 2019

That is so you can withdraw your own contributions tax free reguardless of age. TurboTax asks the question to everyone reguardless of age. If over 59 1/2 you can just leave it blank since it is not taxable anyway.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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Why is turbo tax asking me for Roth contributions prior to 2018?

Retirement tax questions