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jhughie
New Member

How do I report and treat distributions from my traditional IRA where all contributions were with after tax dollars.

I am not sure what boxes to check and how to characterize distributions from my traditional IRA in the IRA section of Turbo Tax.  All my contributions were with after tax dollars.  How do I properly report/list these distributions since all contributions were with after tax dollars.

Thanks,

[email address removed]

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Accepted Solutions
IsabellaG
Employee Tax Expert

How do I report and treat distributions from my traditional IRA where all contributions were with after tax dollars.

After you enter your 1099-R, you will reach a screen Any Nondeductible Contributions to your IRA? Click Yes, then enter your basis (nondeductible contributions) as of 12/31/2016 and the value of all of your accounts as of 12/31/2017.

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1 Reply
IsabellaG
Employee Tax Expert

How do I report and treat distributions from my traditional IRA where all contributions were with after tax dollars.

After you enter your 1099-R, you will reach a screen Any Nondeductible Contributions to your IRA? Click Yes, then enter your basis (nondeductible contributions) as of 12/31/2016 and the value of all of your accounts as of 12/31/2017.

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