topic I have taken a Withdrawal from inherited IRA. I figured out the RMD required and have taken out more than that. A little confused how to answer on turbo tax in Retirement tax questions

I have taken a Withdrawal from inherited IRA. I figured out the RMD required and have taken out more than that. A little confused how to answer on turbo tax

cpbond1 — Tue, 03 Feb 2026 11:23:38 GMT

SabrinaD2 — Thu, 13 Feb 2025 00:12:59 GMT

To report your inherited IRA withdrawal in TurboTax, follow these steps:

Be sure you are logged in to TurboTax for link below to work:
Enter Form 1099-R:
1. Go to Wages & Income.
2. Add a 1099-R.
3. Enter the information from your 1099-R. In Box 7, the code should be 4 if IRA is inherited
Indicate Inherited IRA:
1. As you go through the questions, TurboTax will ask if this is an inherited IRA. Select Yes.
2. Indicate your relationship to the original owner.
Finish the Questions: Complete the remaining questions. TurboTax will guide you through the process and ensure the withdrawal is reported correctly.

For more details, visit the TurboTax support page.

Penny25 — Thu, 13 Mar 2025 04:25:41 GMT

how do i enter turbo tax link to:

Enter Form 1099-R:
1. Go to Wages & Income.
2. Add a 1099-R.
3. Enter the information from your 1099-R. In Box 7, the code should be 4 if IRA is inherited