1099R Post Tax deduction

Forum|Forum|3 years ago
March 7, 2023
1 reply
7 views

My received 1099Rs have "Taxable Amount Not determined" checked even though my IRa accounts have both pre-tax and post tax contributions. Where do I enter the calculated post-tax contribution amount?

MinhT1

Level 15

Enter your form 1099-R in TurboTax with box 2b checked. Then follow through with the TurboTax interview. You will come to a page where TurboTax will ask whether you have made any nondeductible contributions to your IRA. Answer all the following questions and TurboTax will calculate the taxable portion of your distribution.

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BKSmith714Author

Level 2

Minht1:

Thanks fo the guidance. I think I ws able to enter the information appropriately using your directions.

BTW: I have been having weird trouble recently with my version of TT - clicking on the "File" button at the top has no immediate effect - although in about 15 seconds suddenly a black box apears underneath it. Thankfully I know enough to use an alternative method (CTRL-S) to occasionally save the file.