You'll need to sign in or create an account to connect with an expert.
Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.
Box 2a on your Roth 1099-R should be blank. This is the taxable amount of the distribution. Generally, Roth distributions are not taxable. If you have owned the Roth for more than 5 years and are over 59-1/2, those distributions will never be taxable. If you don't meet those qualifications, but are only withdrawing from your contributions, the distribution is also not taxable.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Rejected Federal
Returning Member
matt_terry
Level 2
MsSlowky
Level 1
suestoy1975
New Member
BrettS1
New Member
in Education