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March 13, 2022
Question

Where do I enter a monthly distribution from my traditional IRA savings acct?

  • March 13, 2022
  • 1 reply
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I have a traditional IRA savings account that I take monthly disbursements from. I cannot find where I should enter that total yearly disbusement on Turbo Tax.

1 reply

DoninGA
Employee
March 13, 2022

Your IRA plan administrator should have sent you a Form 1099-R for the distributions in 2021.  If you did not receive the Form 1099-R you will need to contact the plan administrator.  You must have this form to report the distributions on your 2021 tax return.