I received a 1099-R for early Distribution of a traditional IRA. Turbotax is asking for a Basis of Retirement Income for PA Tax Filing. Would I implement what is in Box 1 (Gross Distribution) or implement 0.00 (which is what is filled in already)
04320
4 Replies
ShirlynW
Level 7
Apr 17, 2023 7:31:13 PM
Would you clarify, did TurboTax put the zero in the box?
ijr222
Returning Member
Apr 17, 2023 8:36:51 PM
Yes. At the top it says “Enter basis of the retirement income of $1,641”
in the box below reads “
Basis of Retirement Income
0.00”
This was prefilled information that was rolled over from my Federal information, so wanted to be sure this was correct.