IRA Distribution reporting

richard276 · ‎February 21, 2020

I received IRA distributions on a 1099R but I received them sporadically over the year with some months being more signifivant that others. Is there a way to report these as quarterly distributions> I recall seeing that somewhere in the software but cant find it Can anyone help here please

macuser_22 · ‎February 21, 2020

No. IRA distributions are reported for the year reguardless of when during the year that it was taken.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

fanfare · ‎February 21, 2020

does your 1099-R not show the grand total of all distributed amounts? It should.
if not, get out the calculator.

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IRA Distribution reporting