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Enter Prior Year Roth IRA Contributions" not applicable?

i have a 1099-R that is annuitized and I am receiving monthly payments.  The amounts being send to me are RMD.           Why do I have to answer this question:   Enter Prior Year Roth IRA Contributions"

i have not contributed to it for many years until I turned 70-1/2 and started receiving rmd payments.   Thankyou.  This is confusing.  i am on turbo tax deluxe

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4 Replies
DanaB27
Expert Alumni

Enter Prior Year Roth IRA Contributions" not applicable?

Is this from a traditional IRA? What is the code in box 7? Is the the IRA/SEP/SIMPLE box checked?

 

Please double check the Form 1099-R and your entries in TurboTax.

 

  1. Click on "Search" on the top right and type “1099-R”  
  2. Click on “Jump to 1099-R”
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Enter Prior Year Roth IRA Contributions" not applicable?

Thankyou.   It has 7  in the code in the box.  and ira simple box is checked.    it is a qualified rmd

Enter Prior Year Roth IRA Contributions" not applicable?

this is not a roth ira.   my box 7 is  marked 7   and ira simple is checked.  thanks for insight

DanaB27
Expert Alumni

Enter Prior Year Roth IRA Contributions" not applicable?

If you entered the Form 1099-R with the box IRA/SEP/SIMPLE box checked and code 7 then you should not get the Roth IRA follow-up questions. If editing and reviewing your Form 1099-R entry doesn't work then you might have to delete and renter your Form 1099-R.

 

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