Question

I changed jobs and had to rollover my 401k to a roth ira. why do i have so many 1099-r forms?I have three dealing with the rollover and one from an early distribution

Forum|Forum|3 years ago
February 7, 2023
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TurboTax Deluxe Online

Employee

One is possibly moving it from the old 401K to a new 401K. And then another for moving from the new 401K to an IRA, and another for converting it to a Roth IRA. Check the codes in Box 7. Any direct rollovers with code G are not taxable. Enter all of the 1099-R forms into TurboTax. It is common to receive multiple forms in your situation.

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