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lrgibbs
New Member

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

 
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5 Replies
MaryK4
Employee Tax Expert

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

Can you clarify which state? @lrgibbs 

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lrgibbs
New Member

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

Massachusetts 

DawnC
Employee Tax Expert

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

Did it show taxable on your federal return - MA treats IRA distributions similarly to the IRS.  A Roth distribution is non-taxable in MA only if

 

  • You are over 59.5 years of age and
  • The account has been open for 5 years

If both of those are true, go back and check your 1099-R entry in the federal section and let us know what code(s) is in Box 7.

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jojobebe3
New Member

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

My MASS state return is charging me taxes on my ROTH IRA Distribution.  I am over 59 1/2 and the ROTH account is over 5 years old.  BOX 7 distribution code is 7.   What do I need to do to fix this?

lrgibbs
New Member

TurboTax is charging state taxes on my Roth IRA distribution even though it's non-taxable

In box 7 there is a T. Thanks

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