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.

Turbo Tax is asking the source of distribution from my 403B. I was eligible to make a withdrawal due to my age of 59/60. Not sure which box to check.

I have not yet retired, but know that I had to be 58.5 years of age in order to make a withdrawal.
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 Best answer

Accepted Solutions
IsabellaG
Expert Alumni

Turbo Tax is asking the source of distribution from my 403B. I was eligible to make a withdrawal due to my age of 59/60. Not sure which box to check.

If your distribution is from a 403-b plan, it is considered to be a qualified plan. You would be able to withdraw without penalty if you were 59 1/2 years old or older. Are you referring to the screen Was This Distribution From a Qualified Plan? or a different screen? If it's a different one, please tell me what the question says.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
IsabellaG
Expert Alumni

Turbo Tax is asking the source of distribution from my 403B. I was eligible to make a withdrawal due to my age of 59/60. Not sure which box to check.

If your distribution is from a 403-b plan, it is considered to be a qualified plan. You would be able to withdraw without penalty if you were 59 1/2 years old or older. Are you referring to the screen Was This Distribution From a Qualified Plan? or a different screen? If it's a different one, please tell me what the question says.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question