topic Turbo Tax questions re: 401K withdrawal in Retirement tax questions

Turbo Tax questions re: 401K withdrawal

monnie46 — Fri, 13 Feb 2026 23:03:06 GMT

I have a 401K which was opened about 1994. I left the position in 1997 and didn't contribute to it after that time. I'm retired and 63 yo. In 2025, I withdrew a portion of the funds. When entering this in TT, I don't have the answer to these questions;

1. "Did you make any nondeductible IRA contributions to your traditional IRA from 2024 or prior years?

Nondeductible contributions are tracked on Form 8606 in your prior year returns."

Re: Turbo Tax questions re: 401K withdrawal

dmertz — Sat, 14 Feb 2026 13:36:38 GMT

This question has nothing to do with a 401(k). TurboTax asks this question in regard to your traditional IRAs. If the Form 1099-R that you entered has the IRA/SEP/SIMPLE box marked, the distribution is from a traditional IRA, not from a 401(k).

Re: Turbo Tax questions re: 401K withdrawal

monnie46 — Sat, 14 Feb 2026 13:54:11 GMT

Thank you. It is a Traditional IRA then as the box you mentioned is checked. Do I need to put a value in the subsequent question? I do not know the answer.

Re: Turbo Tax questions re: 401K withdrawal

DianeW777 — Sat, 14 Feb 2026 14:51:54 GMT

First, if the 401(k), unless it was a Roth, would be deductible each year of contribution and tax free at that time. If you rolled it over into an IRA and the box is checked on your 1099-R, and you made no further contributions, there was never any nondeductible contributions.

The full amount is not a required minimum distribution (RMD), based on your age, if that is the question you refer to.

Please update here if you have additional questions and we will help.

Re: Turbo Tax questions re: 401K withdrawal

dmertz — Sat, 14 Feb 2026 23:08:51 GMT

Your basis in nondeductible traditional IRA contributions for previous years would have been present at the end of your most recently filed previous Form 8606 Part I, usually line 14.