I received a 1099-R for a Roth that is a lifetime annuity. This ROTH was opened in probably 1997-98 when you had the 5 year conversion grace period. I do not believe I have made a contribution since origin. I was 65 in 2024 when I turned on the annuity as I retired from working full time - why is TT asking for my prior year contributions and how do I get past this screen? I don't even have records to know how much my contribution was back then.
Your Form 1099-R should have code T or Q since this is a Qualified Distribution. You can ignore the question about the net contributions prior to 2024.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
