Mandatory Minimum Distribution 1099R

Glinder3 — Sat, 07 Feb 2026 01:16:42 GMT

After entering the information from a 1099R for a Mandatory Minimum Distribution, Turbo Tax asks if certain situations apply. One situation asks: "This is for a SIMPLE IRA with more than two years of participation" What is meant by "participation"? We have had the IRA money sitting untouched since 2007. Is it asking have we had the IRA more than two years or if we have been receiving Mandatory Minimum Distributions for more than two years? We think it means having the money invested more than two years.

Re: Mandatory Minimum Distribution 1099R

dmertz — Sat, 07 Feb 2026 13:55:58 GMT

Two years of participation means at least two years have elapsed since the day that the first deposit into the SIMPLE IRA was made. From what you have said, it's been more than two years.

topic Re: Mandatory Minimum Distribution 1099R in Retirement tax questions

Mandatory Minimum Distribution 1099R

Re: Mandatory Minimum Distribution 1099R