turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

marnie-
New Member

Does turbo tax exclude Roth IRA withdrawals from taxable income. If so, where on the form does it show it.

 
Connect with an expert
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
TomK
Expert Alumni

Does turbo tax exclude Roth IRA withdrawals from taxable income. If so, where on the form does it show it.

Yes.  You should receive a 1099-R for any IRA withdrawals.; it will reflect just how much of such withdrawals are tax exempt.

Tax-exempt withdrawals will be shown on your 1040, Line 4a.

View solution in original post

1 Reply
TomK
Expert Alumni

Does turbo tax exclude Roth IRA withdrawals from taxable income. If so, where on the form does it show it.

Yes.  You should receive a 1099-R for any IRA withdrawals.; it will reflect just how much of such withdrawals are tax exempt.

Tax-exempt withdrawals will be shown on your 1040, Line 4a.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies