Roth Distributions

sfelcher — Sat, 15 Feb 2020 04:33:53 GMT

I took two distributions from my Roth account in 2019. One of them I elected to pay the early withdrawl penalty of 10% as it was a non-qualified distribution. The second distribution I elected not to pay the early withdrawl penalty because I used the money for a first time home purchase ($10,000).

Line 2A on my 1099R shows no amount ($0)

Line 2b on my 1099R shows "taxable amount not determined"

I've selected Code 2-Early Distribution (except Roth IRA)

Have I set all of this up correctly in Turbo Tax?

topic Roth Distributions in Other financial discussions

Roth Distributions