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New Member
posted Jan 17, 2025 12:09:50 PM

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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1 Best answer
Level 15
Jan 17, 2025 2:48:18 PM

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.

1 Replies
Level 15
Jan 17, 2025 2:48:18 PM

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.