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Level 1

My 1099-R, box 1 & 8 have the same amount, box 7 is code W. TurboTax is asking what I did with this money. Which answer is best for this situation?

The amount in box 1 is for LTC rider charges for the previous year andis not treated as taxable income. The amount in box 8 is the reduction in the cost basis of the policy.

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Level 1

My 1099-R, box 1 & 8 have the same amount, box 7 is code W. TurboTax is asking what I did with this money. Which answer is best for this situation?

Say you did something else with it.  That question is only asked to see if you did a rollover with the funds, that s, redeposited them to the same or another qualified retirement plan.  Doing something else means you did not roll it over.

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Level 1

My 1099-R, box 1 & 8 have the same amount, box 7 is code W. TurboTax is asking what I did with this money. Which answer is best for this situation?

Say you did something else with it.  That question is only asked to see if you did a rollover with the funds, that s, redeposited them to the same or another qualified retirement plan.  Doing something else means you did not roll it over.