You'll need to sign in or create an account to connect with an expert.
You only report the distribution on your tax return for the year of the distribution. If there were no distributions in 2019 then you have nothing to enter on the 2019 tax return.
If you took a distribution for 2019 then you will receive a 1099R for 2019 to enter on your 2019 tax return. These typically arrive in late January/early February from the financial institution that issued them.
TurboTax is asking in regard to your qualification for a Retirement Savings Contributions Credit. Yes, you must enter these again because TurboTax does not track this historical information necessary to determine this credit.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ED001
Level 1
srgendron
New Member
yitalia
Level 1
mayra_sqvl
Level 1
sharronsmith0920
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.