Entering Roth IRA information

[jgka]

Good afternoon, I am curious as to why there are 2 locations to enter Roth IRA information and if you need to enter in both locations?  

The first location is under "Wages & Income" "Retirement Plans and Social Security" "1099-R"

The second location is under "Deductions & Credits" "Retirement and Investments" "Traditional and Roth IRA Contributions"

Thank you

[MindyB]

It depends on what Roth activity you had for the year.  

The reason for this is that Roth IRA transactions are not always either income or deductions.  If you received a 1099-R (income), report what took you took out or rolled over in the Wages & Income section.  If you made a contribution, enter this in the Deductions & Credits section.

If you have  a question specific to your situation, please provide some more details and we can assist you.

[jgka]

Thank you for the information, that answers my question.