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Do I need to request a 1099-R form before contributing to my IRA for tax year 2017? Or can I contribute first and request the 1099-R after?

 
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DawnC0
Intuit Alumni

Do I need to request a 1099-R form before contributing to my IRA for tax year 2017? Or can I contribute first and request the 1099-R after?

No, you can contribute at any time.  You will only receive a 1099-R once you take a distribution from your IRA.  As long as you make your contribution before 04/17/18, you can enter it in TurboTax as a 2017 IRA contribution.  

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1 Reply
DawnC0
Intuit Alumni

Do I need to request a 1099-R form before contributing to my IRA for tax year 2017? Or can I contribute first and request the 1099-R after?

No, you can contribute at any time.  You will only receive a 1099-R once you take a distribution from your IRA.  As long as you make your contribution before 04/17/18, you can enter it in TurboTax as a 2017 IRA contribution.  

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