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I have a 1099-R that is coded as a H ( Direct Roth Rollover) There should be no tax on this amount but turbo tax is calculating tax.

Forum|Forum|6 years ago
June 6, 2019
7 replies
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I should have been more specfifc in my question line 1 gross distribution 2,206.94 line 2b taxable amount not determined total distribution checked. 7 distribution code H which is direct roth rollover. no other lines have anything marked. This is money that went from a roth 401k designated account to a roth IRA. there should be no tax on this amount. is the form wrong for some reason?

TurboTax Deluxe Online

Best answer by dmertz

Double check boxes 2b. In 2b there are two boxes, Taxable amount not determined and Total distribution. Make sure that you have not marked Taxable amount not determined in TurboTax by mistake. It's likely that only the Total distribution box is marked on the Form 1099-R provided by the payer. Marking the Taxable amount not determined box in TurboTax when it is not marked on the original form will cause the reporting error that you are seeing.

Unfortunately, some payers mistakenly leave box 2a blank when it should contain a zero.

macuser_22

Employee

What is on the 1040 form line 15b (or 1040A 11b)?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

J

jlambertAuthor

I should have been more specfifc in my question line 1 gross distribution 2,206.94 line 2b taxable amount not determined total distribution checked. 7 distribution code H which is direct roth rollover. no other lines have anything marked. This is money that went from a roth 401k designated account to a roth IRA. there should be no tax on this amount. is the form wrong for some reason?

J

jlambertAuthor

I havnt filed yet but when I add the 1099-r the amount of tax I owe goes up.It should remain unchanged shouldnt it?

macuser_22

Employee

Yes it is wrong. Per the IRS instructions for a code H box 2a must be 0 (zero).
Contact the issuer for a corrected 1099-R.

"For a direct rollover of a distribution from a designated Roth account to a Roth IRA, enter the amount rolled over in box 1 and 0 (zero) in box 2a. Use Code H in box 7."
<a rel="nofollow" target="_blank" href="https://www.irs.gov/instructions/i1099r">https://www.irs.gov/instructions/i1099r</a>

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

J

jlambertAuthor

Thank you for the help I really appreciate it!

D

dmertzAnswer

Employee

Double check boxes 2b. In 2b there are two boxes, Taxable amount not determined and Total distribution. Make sure that you have not marked Taxable amount not determined in TurboTax by mistake. It's likely that only the Total distribution box is marked on the Form 1099-R provided by the payer. Marking the Taxable amount not determined box in TurboTax when it is not marked on the original form will cause the reporting error that you are seeing.

Unfortunately, some payers mistakenly leave box 2a blank when it should contain a zero.

D

dcox5939

I also have a 1099-R, that has box 2a as 0, 2b has only total distribution checked, box 5 has the exact same amount as box 1, box 7 is distribution code H, and box 11 has 2008. When all is transferred to TT, it increases my tax owed significantly. Can anybody see what the issues is? thanks

macuser_22

Employee

Answered in comments

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**