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Why does TurboTax keep changing my answer about having IRA distribution before I turned 59 1/2 (when I review answers, I have to correct it every time)?

Forum|Forum|7 years ago
June 1, 2019
3 replies
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I crossed the 59.5 year boundary half way through the year but didn't start distribution till after that date. It's hard to feel confident about my answers being recorded when they change every time I check back through.

TurboTax Home & Biz Windows

Best answer by dmertz

TurboTax does not record the answer you provide to this question because your answer is only used to tell TurboTax what question to ask next. Each time you encounter the question simply answer accurately (you were over age 59½ at the time of the distribution) and move on.

T

ToddL

Employee

When did you turn 60? What Distribution Code was in Box 7 of the 1099-R?

G

gregbelforAuthor

turned 60 in late November 2016...distribution code 7 and IRA/SEP/SIMPLE checked.

D

dmertzAnswer

Employee

TurboTax does not record the answer you provide to this question because your answer is only used to tell TurboTax what question to ask next. Each time you encounter the question simply answer accurately (you were over age 59½ at the time of the distribution) and move on.

D

dmertz

Employee

You can confirm that TurboTax is handling the reporting of this distribution correctly by seeing that there is no 10% early-distribution penalty for this distribution shown on Form 1040 line 59.