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Do I report withdrawals from a Roth IRA account on my return?

My withdrawal is 20 years after my contribution and I am over 60.
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dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I report withdrawals from a Roth IRA account on my return?

Yes, the Form 1099-R must be entered into TurboTax.  The distribution must appear on Form 1040 line 4a but will be excluded from line 4b because it is not taxable.

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1 Reply
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I report withdrawals from a Roth IRA account on my return?

Yes, the Form 1099-R must be entered into TurboTax.  The distribution must appear on Form 1040 line 4a but will be excluded from line 4b because it is not taxable.

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