qbteachmt
Level 15
04-11-2024
01:33 PM
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I googled:
inherited roth 1099-r code t
""T" informs the IRS that the holding period was not met, but the distribution is exempt from the penalty for early withdrawal because it has been paid to a beneficiary. The initial withdrawn contributions are tax-free; however, distributed earnings are taxable."
"taxing the distribution"
The whole amount? Did you enter Basis?
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