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kra4130
Returning Member

Withdrawal of contributions to roth ira are not taxable. How to I enter it into turbotax

 
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dmertz
Level 15

Withdrawal of contributions to roth ira are not taxable. How to I enter it into turbotax

After entering the Form 1099-R, click the Continue button on the Your 1099-R Entries page and proceed to where TurboTax asks you to enter or confirm that amount of your Roth IRA contributions made for years before 2016 (minus any distributions made before 2016).  Also, under Deductions & Credits, be sure to enter any Roth IRA contributions that you made for 2016.

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2 Replies
dmertz
Level 15

Withdrawal of contributions to roth ira are not taxable. How to I enter it into turbotax

After entering the Form 1099-R, click the Continue button on the Your 1099-R Entries page and proceed to where TurboTax asks you to enter or confirm that amount of your Roth IRA contributions made for years before 2016 (minus any distributions made before 2016).  Also, under Deductions & Credits, be sure to enter any Roth IRA contributions that you made for 2016.

kra4130
Returning Member

Withdrawal of contributions to roth ira are not taxable. How to I enter it into turbotax

Thank you!
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