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DJM52
March 13, 2023
Solved

Do I need to include my 401 K gross distribution amount on my return if it was rolled over into an existing IRA?

  • March 13, 2023
  • 1 reply
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I retired last June and received a distribution from my 401K which was rolled over into my existing IRA.  I received  a 1099-R which shows the distribution and $0 taxable amount.  Does this need to be included on my tax return?
Best answer by MayaD

Yes. Report the form on your return.

This rollover transaction isn't taxable, but it is reportable on your federal tax return. IRS.GOV

1 reply

M
MayaDAnswer
March 13, 2023

Yes. Report the form on your return.

This rollover transaction isn't taxable, but it is reportable on your federal tax return. IRS.GOV

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D
DJM52Author
March 16, 2023

Thank you Maya

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