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Employee
February 12, 2020
Question

I have an IRA that I have not taken any distrubtions but Tutbo Tax keeps asking for th kind of distrubtion what code do I use?

  • February 12, 2020
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1 reply

February 12, 2020

Did you receive a 1099-R in the mail? This is the form on which IRA custodians report distributions.

 

The distribution code is in Box 7.

 

If you did not receive a 1099-R, then somehow TurboTax thinks you did. Try the following:

 

 

*** Desktop***

1. go to View (at the top), choose Forms, and select the desired form. Note the Delete Form button at the bottom of the screen.

 

*** Online ***

1. go to Tax Tools (on the left), and navigate to Tools->Delete a form

 

2. delete form(s) 1099-R (if any)

 

3. continue with your return.

 

***NOTE*** if you had a real 1099-R, you will need to go back and add it.

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