topic IRA Distribution reporting in Get your taxes done using TurboTax

IRA Distribution reporting

richard276 — Sat, 22 Feb 2020 01:41:53 GMT

I received IRA distributions on a 1099R but I received them sporadically over the year with some months being more signifivant that others. Is there a way to report these as quarterly distributions> I recall seeing that somewhere in the software but cant find it Can anyone help here please

Re: IRA Distribution reporting

macuser_22 — Sat, 22 Feb 2020 01:49:27 GMT

No. IRA distributions are reported for the year reguardless of when during the year that it was taken.

Re: IRA Distribution reporting

fanfare — Sat, 22 Feb 2020 03:00:07 GMT

does your 1099-R not show the grand total of all distributed amounts? It should.
if not, get out the calculator.