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.

Why does free app version show Roth Withdrawal as taxable income, even though I entered zero as the taxable amount?

All of my 401k both Roth and traditional withdrawals age 72 show up as interest income, and pension income shows as zero.
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 Reply
DanaB27
Employee Tax Expert

Why does free app version show Roth Withdrawal as taxable income, even though I entered zero as the taxable amount?

To clarify, your 401k distributions don't show up on line 5 of Form 1040 but on a different line?

 

Please make sure you entered the Form 1099-R correctly. Sometimes it helps to delete and renter the form.

 

Please see Where do I enter my 1099-R?

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question