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Does the IRS treat a Rollover IRA the same as a Traditional IRA? TurboTax asks for the value of my traditional IRA, but I have a Rollover. Do I enter the rollover value?
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Yes, the IRS treats a Rollover IRA the same as a Traditional IRA, as long as it's not a Roth IRA. You can rollover a Roth 401(k) to a Roth IRA. But if you are referring to a non-Roth IRA that was rolled over, it is a Traditional IRA, just denoted as a rollover.
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