dmertz
Level 15

Retirement tax questions

Distributions from a traditional IRA can never be reported on the same Form 1099-R as distributions from a Roth IRA.  If you received multiple distributions that are totaled on a single Form 1099-R, either the distributions were all made from the same account, traditional or Roth, or you have multiple Forms 1099-R printed on a single sheet and each of these Forms 1099-R must be entered separately.

 

All of the questions TurboTax asks must be answered accurately, otherwise the assumptions made by TurboTax could result in an inaccurate tax return even if TurboTax does not flag any errors.