Question
Need to report After Tax 401k Roll over to Roth 401k?
Hi, my employer's 401k plan allows me to directly roll over After Tax 401k contribution into Roth 401k. I received a 1099R and entered the info into Turbo Tax, but no 8606 form was generated.
Is it because don't need to report direct in plan 401k rollover to IRS?
I do see a 8606 Form generated for my personal individual Traditional IRA rollover to Roth IRA though. So do I only need to report IRA roll over (and not 401k rollover) to IRS?
Don't want to make a mistake doing my taxes on Turbo Tax. Would anyone kindly help me? Thanks so much!!!
