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