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Returning Member
posted Jan 17, 2021 3:35:29 PM

How do I enter Substantially Equal Periodic Payments (aka, 72-T distributions from my personal IRA) in TurboTax

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2 Replies
Level 15
Jan 17, 2021 3:37:15 PM

Just enter the 1099-R and complete all the following screens in that section.  

Level 15
Jan 17, 2021 5:02:39 PM

Be sure to click the Continue button on the Your 1099-R Entries page.  You can also go to Other Tax Situations -> Additional Taxes -> Extra tax on early retirement withdrawals.