turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jsrumb
New Member

Using 72t provision on ira cd. What do i need to do to file?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
dmertz
Level 15

Using 72t provision on ira cd. What do i need to do to file?

Report the distributions as you would any distribution from an IRA by entering the Form 1099-R under Wages & Income -> Retirement Plans and Social Security -> IRA, 401(k), Pension Plan Withdrawals (1099-R) and answering the follow-up questions.  Be sure to click the Continue button on the Your 1099-R Entries page and enter the amount qualifying for the particular 72(t) exception that applies.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies