turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have a roth distribution (code Q) however Turbo software keeps asking questions about RMD status on a Roth qualified distribution

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DanaB27
Expert Alumni

I have a roth distribution (code Q) however Turbo software keeps asking questions about RMD status on a Roth qualified distribution

Please make sure that the IRA/SEP/SIMPLE box isn't checked on your 1099-R entry:

 

  1. Click on the "Search" on the top right and type “1099-R” 
  2. Click on “Jump to 1099-R”
  3. Review your 1099-R entry
  4. Continue, on the "Did you miss a Required Minimum Distribution...." screen select "None of these plans failed to withdraw the RMD"

 

Please note, all users 73 or older will get the RMD question at the end of the retirement section. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
dmertz
Level 15

I have a roth distribution (code Q) however Turbo software keeps asking questions about RMD status on a Roth qualified distribution

The IRA/SEP/SIMPLE box has no meaning on a code-Q Form 1099-R.  It does not need to be marked and is not normally marked on a code-Q Form 1099-R.

 

It seems doubtful that TurboTax is asking about any RMD with regard to your Roth IRA.  Perhaps TurboTax is asking if you have any traditional retirement accounts that require RMDs.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question