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January 30, 2024
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Are the SEP IRA distributions being taxed differently this year?

  • January 30, 2024
  • 1 reply
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Turbo Tax hasn't responded yet.
Best answer by dmertz

No, SEP IRA distributions are not being taxed differently this year.  There is no distinction between distributions from a SEP IRA and a distribution from an ordinary traditional IRA.  TurboTax is not delaying the filing of tax returns that report distributions from a SEP IRA.

1 reply

dmertzAnswer
Employee
January 31, 2024

No, SEP IRA distributions are not being taxed differently this year.  There is no distinction between distributions from a SEP IRA and a distribution from an ordinary traditional IRA.  TurboTax is not delaying the filing of tax returns that report distributions from a SEP IRA.