TurboTax won't determine the taxable amount of my normal IRA withdrawal. My CPA asked for the value of my IRA a/o 12/31 to determine the taxable amt, but TurboTax doesn't

[catrost1]

My IRA Withdrawal was not a RMD, it was just an ordinary withdrawal, Box 7 code 7 from a regular IRA. It is the first time I have ever taken a withdrawal.

[dmertz · Accepted solution]

Click the Continue button on the Your 1099-R Entries page to reach the questions where TurboTax asks for your net basis in traditional IRA contributions and your year-end balance.  If you have no basis in nondeductible traditional IRA contributions, the entire gross amount of the distribution is taxable.