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dbinhelena
New Member

Should Schedule A, list a loss from total distribution of all Roths. I did receive a partial distribution from a Roth, Box 7 = Q, reported on 1099 R?

I did not close or rollover a Roth IRA. Just a partial withdrawal. 70 years old, had the Roths for decades.

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dmertz
Level 15

Should Schedule A, list a loss from total distribution of all Roths. I did receive a partial distribution from a Roth, Box 7 = Q, reported on 1099 R?

Click the Continue button on the Your 1099-R Entries page and in the follow-up answer Yes when TurboTax asks if you had any Roth IRAs "open" at year-end.

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dmertz
Level 15

Should Schedule A, list a loss from total distribution of all Roths. I did receive a partial distribution from a Roth, Box 7 = Q, reported on 1099 R?

Click the Continue button on the Your 1099-R Entries page and in the follow-up answer Yes when TurboTax asks if you had any Roth IRAs "open" at year-end.

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