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There is no Box 7 code to indicate that your Roth distribution is basis. Roth distributions are considered as basis first, then earnings, but you have to tell the program what your basis is, unless you did that when you made the contributions. To report your Roth basis in TurboTax Online, log in to your tax return:
Once you have entered your basis, enter your Form 1099-R (if you haven't already). If your basis is greater than your distribution it will be treated as a tax free distribution of basis. Be sure to continue through all the questions after entering your 1099-R, by clicking on Continue.
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