Yes, the distribution in 2021 must be reported on your 2021 tax return. You should have or will receive a Form 1099-R from the plan administrator for the 2021 distribution. To enter, edit or delete a form 1099-R -Click on Federal Taxes (Personal using Home and Business)Click on Wages and Income (Personal Income using Home and Business)Click on I'll choose what I work on (if shown)Scroll down to Retirement Plans and Social SecurityOn IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update buttonOr enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

Question

I took a distribution from my IRA in 2021. Do I need to file it?

Forum|Forum|4 years ago
January 28, 2022
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TurboTax Deluxe Online

DoninGA

Employee

Yes, the distribution in 2021 must be reported on your 2021 tax return. You should have or will receive a Form 1099-R from the plan administrator for the 2021 distribution.

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R