You'll need to sign in or create an account to connect with an expert.
Are you saying you moved $400 a month from an IRA to a Roth IRA?
If so, you should have a 1099-R for each year.
Actually I put the pension rollover and the bonus into a money market set up as a Roth IRA and funded the investment IRA with that. Also there is nothing left in this IRA. It was income for me until August of 23.
Still, you should have 1099-Rs for your actions for each year you did this.
You have to report distributions from a Roth IRA and should enter contributions to a Traditional IRA to TurboTax to see if you are eligible for that..
The pension that this was funded by was liquidated in August of 2000. The money market that I used to buy shares in the IRA was emptied in September of 2001. I can't remember if there was any 1099-Rs sent to me and I don't have records from back that far. Also there is no traditional IRA involved here.
I'm confused.
maybe someone else can understand what you did.
the net contributions are $400 per month times the number of months.
OR
the initial value that came to you in August 2000 plus interest.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
topmiller
Level 3
cmancero
New Member
bethfly
New Member
herosareangels
New Member
MojoMom777
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.