topic Tax Year Prior to 2020: Thrift Savings Plan -Distribution Source in Get your taxes done using TurboTax

Tax Year Prior to 2020: Thrift Savings Plan -Distribution Source

mesheedy — Thu, 25 May 2023 14:52:49 GMT

I had a distribution from my 401K (Thrift Savings Plan- Fed employee) in 2018. I am filling in the details from my 1099-R and TurboTax is asking me the source of the distribution. I am not sure what to select. Can someone clarify this for me? Thanks

Re: Thrift Savings Plan -Distribution Source

VictorW9 — Wed, 29 Jan 2020 19:15:11 GMT

Did you enter the code in Box 7 of the 1099 R? Go and make sure a code is entered in box 7 of the 1099 R.

Re: Thrift Savings Plan -Distribution Source

mesheedy — Wed, 29 Jan 2020 19:57:14 GMT

Yes, normal distribution -code 7 is filled in.

Re: Thrift Savings Plan -Distribution Source

VictorW9 — Wed, 29 Jan 2020 21:01:11 GMT

Did you answer the question on whether it's a IRA/SEP/SIMPLE? If it's normal distribution the box will probably be unchecked.