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March 30, 2024
Question

Deductions & Credits: Tell us how much you contributed

  • March 30, 2024
  • 1 reply
  • 0 views

Hello, I have a quick question. It's asking for the total amount I put into a traditional IRA. I didn't contributed any amount. I just rolled over my 401k to my traditional IRA. So, do I put the amount that was rolled over into the total traditional IRA contributions? Or do I put 0 since I didn't really "contribute" any. Thanks!

    1 reply

    DoninGA
    Employee
    March 30, 2024

    You do not enter anything as contribution to an IRA.  A rollover to an IRA is not considered a contribution.  You can just leave that section.