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New Member
posted Apr 15, 2020 1:37:04 PM

Last year I took an early distribution from TD Ameritrade Rollover IRA. I'm looking at IRA Distribution Adjustment for CA. Not sure if it's applicable to me.

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1 Best answer
Expert Alumni
Apr 15, 2020 6:10:14 PM

Unless there is a reason why your early distribution is not taxable in CA, that page would not apply to you.  You can continue on with filing your state return.  If you received a taxable distribution, before you reached age 59½, from a qualified retirement plan (including an IRA), the additional tax is reported on Form FTB 3805P which TurboTax will automatically complete for you when you complete your CA state return.  

2 Replies
Expert Alumni
Apr 15, 2020 6:10:14 PM

Unless there is a reason why your early distribution is not taxable in CA, that page would not apply to you.  You can continue on with filing your state return.  If you received a taxable distribution, before you reached age 59½, from a qualified retirement plan (including an IRA), the additional tax is reported on Form FTB 3805P which TurboTax will automatically complete for you when you complete your CA state return.  

New Member
Apr 16, 2020 12:00:03 AM

Thanks !

 

I've figured that would be the case. Thank you for confirming that