Having trouble entering my 1099-R and getting it to be reflected as rollover

Forum|Forum|1 year ago
March 5, 2025
1 reply
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Hello - I am using Turbo Tax for the first time after years of having a CPA prepare my taxes. I have the 401K After Tax contribution and in plan conversation. My previous returns always show on the 1040 form line 5b with the word ROLLOVER on it, but I can't seem to get the questions answered correctly to reflect that. This is also causing my total income to be higher than expected as it thinks this is a distribution to be taxes when it is not. How do I need to enter this correctly?

Ask the Experts - MetLife VII - Mar 2025

DoninGA

Employee

What is the code in box 7 of the Form 1099-R?

cps2025Author

Code in Box 7 is G

Box 1 and Box 5 are the same amount

Box 2 is 0

no boxes checked

DoninGA

Employee

Did you rollover the amount to a Roth 401(k) account or a 403(b) account or a Roth IRA? If not, then the amount should show as a ROLLOVER on Form 1040 Line 5b with 0 entered on Line 5b as the taxable amount.