Where Is This Distribution From?

Forum|Forum|4 years ago
February 10, 2022
1 reply
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I have an IRA that I took a qualified distribution from.
The IRA is from a 401k that I rolled over three years ago.

What answer do I choose when asked "Where Is This Distribution From?"
The word "Other" is confusing me in the second choice. Otherwise
I'm pretty sure I chose "Other IRA distribution"

Pension rollover account
Other IRA distribution
Neither of the above

Best answer by JohnB5677

As you describe it the distribution was definitely from the IRA.

I expect that you received a 1099-R detailing this transaction. There is a check box inside of Box 7 that says IRA/ SEP SIMPLE. If it is checked, you should not get that question.

This is how to post a 1099-R

Login to your TurboTax Account
Click "Wages & Income" on the top
Scroll down to "IRA, 401(k), Pension Plan Withdrawals (1099-R)"
Answer "Yes" to the question "Did You Have Any of These Types of Income?"
Click "I'll Type it Myself"
Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
Click "Continue"
From here TurboTax will walk you through entering your Form 1099-R

Once you complete the first one you can Add Another 1099-R

JohnB5677Answer

As you describe it the distribution was definitely from the IRA.

I expect that you received a 1099-R detailing this transaction. There is a check box inside of Box 7 that says IRA/ SEP SIMPLE. If it is checked, you should not get that question.

This is how to post a 1099-R

Login to your TurboTax Account
Click "Wages & Income" on the top
Scroll down to "IRA, 401(k), Pension Plan Withdrawals (1099-R)"
Answer "Yes" to the question "Did You Have Any of These Types of Income?"
Click "I'll Type it Myself"
Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc."
Click "Continue"
From here TurboTax will walk you through entering your Form 1099-R

Once you complete the first one you can Add Another 1099-R

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Brian96830Author

Thanks!

Odd that Box 7 that says IRA/ SEP SIMPLE was checked and I still got that question.

terimac4

I also checked that box and am getting a screen that says "where is this distribution from?" I marked none of the above but do I leave the distribution amount box blank since I didn't take the distribution? I just rolled it over.

It has the state distribution amount

any withholding

and the state ID no

Do I leave all blank if I didn't receive any cash?