Retirement tax questions

macuser_22 · ‎March 22, 2020

@JT-1002 wrote:

Thank you for the response.

The total early distribution I took from this Roth IRA is not taxable and is penalty free because I had it for more than 5 year and the exception I have is that I am totally disabled.

The question I have is how do I enter the information in TurboTax for that 1099-R inorder for the application to recognize that?

The 1099-R has Code "J" in Box 7 and Box 10 is blank.

The 1099-R follow-up screen will ask about exceptions to the penalty - disabled is one of them.

**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.**