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I took an early distribution from my Roth IRA of $2642 to

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I took an early distribution...
I took an early distribution from my Roth IRA of $2642 to pay bills. How should I input this into turbo tax.
Submitted: 5 years ago.Category: Tax
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1/1/2013
Tax Professional: Tax.appeal.168, Tax Accountant replied 5 years ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,015
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
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Welcome, THANK YOU for using Just Answer. My goal is to help make your life...a little...LESS taxing.

The distribution amount from the IRA is reported on Form 1099-R. Do you have that? If not, wait until you receive it, and in Turbo Tax, when you select the Form 1099-R as one of your tax forms, enter the information into turbo tax from the 1099-R.

Please let me know if I can be of further assistance to you regarding this matter.

Thank you again for using JUST ANSWER.
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,015
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
Verified
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Tax Professional: Tax.appeal.168, Tax Accountant replied 5 years ago
Hello again Kimberlyn,

Thank you for the accept. Be sure to enter the information into Turbo Tax exactly as it is shown on the 1099-R. It is important that you enter the information as it it shown on the form.

Thank you again for using JUST ANSWER and HAPPY NEW YEAR!!
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