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June 1, 2019
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Cash balance earned thru my employer I rolled over to a ira1099 total distribution buy a G in box 7.do I have to now include these funds as a contribution to a IRA too.

  • June 1, 2019
  • 1 reply
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Best answer by MichaelL1

No a rollover is not a contribution to an IRA and does not get entered there.

A contribution is only new money (non-rollover money).

1 reply

MichaelL1
MichaelL1Answer
Employee
June 1, 2019

No a rollover is not a contribution to an IRA and does not get entered there.

A contribution is only new money (non-rollover money).