topic I am having a hard time finding how to I put the Ira withdrawal exemption for child birth in Retirement tax questions

I am having a hard time finding how to I put the Ira withdrawal exemption for child birth

jennbomm — Tue, 10 Feb 2026 10:07:01 GMT

Re: I am having a hard time finding how to I put the Ira withdrawal exemption for child birth

DawnC — Fri, 12 Jan 2024 04:15:33 GMT

Enter your 1099-R exactly as it appears. After you enter all of your 1099-R forms, you will be asked follow-up questions about those distributions. It is in the follow-up questions where you will indicate the exception. Distributions up to $5,000 per child for qualified birth or adoption expenses will not incur the 10% penalty. IRS exceptions to tax on early distributions

Re: I am having a hard time finding how to I put the Ira withdrawal exemption for child birth

jennbomm — Fri, 12 Jan 2024 05:15:12 GMT

I am looking at the list and it does not have any other exemptions outside disaster exemptions. Do I need deluxe for this option?

Re: I am having a hard time finding how to I put the Ira withdrawal exemption for child birth

CatinaT1 — Tue, 16 Jan 2024 13:27:26 GMT

Do you have a child on your return that was born in 2023 or that you show adopted in 2023?

On your 1099-R, is there an amount in box 2, and are either of the check boxes marked for Taxable amount not determined, or IRA/SIMPLE/SEP?

The question will come up after you finished entering all 1099-R's.