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March 1, 2025
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How do I report a 401K Rollover into another 401K(Not ROTH)?

  • March 1, 2025
  • 1 reply
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TurboTax Does not allows me to report a 401K rollover into another 401K.
    Best answer by dmertz

    For a code-G Form 1099-R, all TurboTax needs to know is that the distribution was not rolled over to any kind of Roth account.  Knowing that, TurboTax will properly include the amount on Form 1040 line 5a and exclude it from line 5b with the ROLLOVER notation.

    1 reply

    dmertzAnswer
    Employee
    March 1, 2025

    For a code-G Form 1099-R, all TurboTax needs to know is that the distribution was not rolled over to any kind of Roth account.  Knowing that, TurboTax will properly include the amount on Form 1040 line 5a and exclude it from line 5b with the ROLLOVER notation.