Self Employed Roth IRA and traditional IRA

[MJ2404]

I closed my S-Corp business last year and I have traditional IRA.  This year I'm self employed and opened a Roth IRA and continued contributing to my traditional IRA.  How do I create a 1099-R form for these 2 accounts in the Turbotax software?

[dmertz · Accepted solution]

Forms 1099-R are for distributions, not contributions.  Roth IRA and regular traditional IRA contributions are entered into TurboTax under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions.