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January 17, 2025
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Do I report withdrawals from a Roth IRA account on my return?

  • January 17, 2025
  • 1 reply
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My withdrawal is 20 years after my contribution and I am over 60.
    Best answer by dmertz

    Yes, the Form 1099-R must be entered into TurboTax.  The distribution must appear on Form 1040 line 4a but will be excluded from line 4b because it is not taxable.

    1 reply

    dmertzAnswer
    Employee
    January 17, 2025

    Yes, the Form 1099-R must be entered into TurboTax.  The distribution must appear on Form 1040 line 4a but will be excluded from line 4b because it is not taxable.