Traditional IRA distributions are fully taxable unless you have basis in nondeductible traditional IRA contributions or if you made a Qualified Charitable Distribution from your IRA.
If you have basis in nondeductible traditional IRA contributions, click the Continue button on the Your 1099-R Entries page, indicate that you made nondeductible contributions to your traditional IRAs, then enter or confirm you net basis in nondeductible traditional IRA contributions. Also enter you December 31, 2016 balance in traditional IRAs. TurboTax will prepare the Form 8606 required to determine the taxable amount of your traditional IRA distribution.
If you made a Qualified Charitable Distribution from your traditional IRA, indicate this in the follow-up to entering your Form 1099-R.
