Question

401k was a rollover into another non-taxable 401k. turbo is using as taxable. what do i do?

Forum|Forum|4 years ago
April 13, 2022
2 replies
0 views

it is not a roth

TurboTax Deluxe Online

Employee

Go back to your entries for the 1099-R you received. Go through the entries carefully.

There should be a question asking what did you do with the money. There should be a choice that you rolled the money into another non-taxable account. Select that answer and TT should not include it in income.

**Disclaimer: Effort has been made to offer correct information; but due to the discussion forum limitations, the poster disclaims any legal responsibility for the accuracy of the poster's response**

H

HelenC12

@nee355

LudwigVan_fan is correct. Here is a screenshot of the screen LudwigVan_fan is referring to.