Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
shopaholic-3
New Member

How do enter form for distribution from ira as I am over 70 1/2

 
1 Best answer

Accepted Solutions
MarilynG
Expert Alumni

How do enter form for distribution from ira as I am over 70 1/2

If you received a 1099-R to report your IRA Distribution, type '1099r' in the Search window, and then click on 'Jump to 1099r'.

After you enter your 1099-R, TurboTax will ask you questions, including if your distribution is RMD (Required Minimum Distribution) if you are over 70.5.

 

Click this link for more detailed info about  RMD

 

 

 

 

 

 

[Edited 3/9/2020 | 1:14 PM]

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MarilynG
Expert Alumni

How do enter form for distribution from ira as I am over 70 1/2

If you received a 1099-R to report your IRA Distribution, type '1099r' in the Search window, and then click on 'Jump to 1099r'.

After you enter your 1099-R, TurboTax will ask you questions, including if your distribution is RMD (Required Minimum Distribution) if you are over 70.5.

 

Click this link for more detailed info about  RMD

 

 

 

 

 

 

[Edited 3/9/2020 | 1:14 PM]

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v