dmertz
Level 15

Retirement tax questions

Sam190909, TurboTax does not ask that question for distributions from IRAs.  It only asks that question for distributions from qualified retirement plans, indicated on the Form 1099-R by the IRA/SEP/SIMPLE box not being marked.

 

Assuming that this is indeed a distribution from a qualified retirement plan and not from an IRA, a lump-sum distribution is not a series of regular, periodic distributions; you should have answered No to the question that asks about periodic payments.