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New Member
posted Jan 24, 2025 5:12:52 PM

Recording a qualified roth distribution as not taxable

When entering a 1099-R information, for a qualified roth distribution, TT interprets the amount as taxable because box 2B says "taxable amount not determined". What is correct way to record the entries so that TT correctly identifies the distribution as NOT taxable.

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1 Replies
Level 15
Jan 24, 2025 7:28:21 PM

What is the distribution code in box 7?