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1099-R asks questions that do not make sense after completing the form information. I have a combination of IRA roll-over & ROTH roll-over. Can you clear up questions?

Forum|Forum|7 years ago
June 6, 2019
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None of answers address roll-over into (1) Standard IRA and (2) Roth Account.

TurboTax Self Employed Online

Best answer by dmertz

If you have a single Form 1099-R reporting a combination of rollovers to traditional and Roth IRA accounts, you must split the Form 1099-R into two, one for the portion rolled over to the traditional IRA and the other for the portion rolled over to the Roth IRA. The dollar amounts on the two split Forms 1099-R should total the dollar amounts on the original.

D

dmertzAnswer

Employee

If you have a single Form 1099-R reporting a combination of rollovers to traditional and Roth IRA accounts, you must split the Form 1099-R into two, one for the portion rolled over to the traditional IRA and the other for the portion rolled over to the Roth IRA. The dollar amounts on the two split Forms 1099-R should total the dollar amounts on the original.