Solved
Qualified Roth IRA Distribution on Form 1041 K1
Where do I report a qualified distribution (1099-R, distribution code Q) from a Roth IRA on a decedent’s estate's Form 1041 and K1 using Turbotax Business e-file?
Only taxable amounts are to be entered as Other income in box 5 of Form 1041. Because this Roth IRA distribution is a qualified distribution and is therefore nontaxable, this distribution paid to the estate is not to be reported on Form 1041. It should also appear nowhere on a Schedule K-1.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
