MY 1099-R has a distribution code of 1b, that isn't an option. What do I do?

timothy_burton · ‎June 5, 2019

LinaJ2018 · ‎June 5, 2019

You will select 1 In the first drop-down box and select B in the second box below. Per IRS, it refers to an early distribution for a designated Roth IRA account. As you continue, TurboTax program will guide you through the step-by-step interview questions to calculate the corrected taxable amount of the total distribution. Please see attached image.

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LinaJ2018 · ‎June 5, 2019

You will select 1 In the first drop-down box and select B in the second box below. Per IRS, it refers to an early distribution for a designated Roth IRA account. As you continue, TurboTax program will guide you through the step-by-step interview questions to calculate the corrected taxable amount of the total distribution. Please see attached image.