Federal 2010: 1099-R Roth Distributions with Exceptions

You may be affected if ALL of the following are true:

1. You filed your federal tax return prior to April 27, 2011, AND
2. You filed a Married Filing Joint return, AND
3. Both you and your spouse had Roth Distributions in 2010 AND
4. The related 1099-Rs had code T (Roth Distribution with Exception) in box 7, AND
5. You entered amounts for prior year Roth IRA contributions for both you and your spouse

If all of these are true, we would strongly encourage you to review the prior year Roth IRA contribution amounts that you entered for each spouse, as we have seen where customers inadvertently entered them incorrectly.

The instructions below will guide you in verifying these amounts and determining if your 2010 tax return was incorrect and if so, how to amend your 2010 federal tax return.
Step by Step Instructions link

If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the Federal: 1099-R Roth Distributions - Code T.

Let us do the work for you. We highly recommend this.

1. Please download and print this Authorization Form.
2. Complete the form and fax it to us at the number printed at the top of the form.
3. A TurboTax representative will contact you (within 15 days) when your corrected return is ready to be securely emailed back to you.
4. You can print, sign and mail the corrected return to the IRS.

Or you can make the corrections yourself. However, the amend process can be complex.

• To do it yourself, please follow these step-by-step instructions.
  • Amending your federal return and
  • Amending your state return.
• After you make the changes to your tax return, you will need to mail a copy of
  • Your federal return to the IRS and
  • Your state return to your state tax authority, if your state return is affected
• Your printed returns will include instructions on how and where to mail them.
• If you need assistance, call us at the phone number in the TurboTax email.