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Level 1
June 1, 2019
Question

Distribution from a retirement plan

  • June 1, 2019
  • 1 reply
  • 7 views
what does this question mean? "Did nicholas have any distributions from a retirement plan?

1 reply

June 1, 2019

TurboTax is asking if you (or your spouse, if filing jointly) received any earnings from a pension or withdrew any money from a tax-advantaged account such as 401k, 403b, IRA, Roth IRA.  These are typically reported on a 1099-R.

Any of these could impact your tax liability/refund, even if they are not taxable.