Solved
I have income from an investment that I rolled over into a 401K in 2016. I also retired in 2016. Must I report this as income in my 2016 taxes?
No text available
If you got a 1099R is must be reported on the return.
If it went from a Traditional (non-Roth) retirement account to another Traditional retirement account there is no tax.
Or from a Roth to Roth.
Report the 1099R (if you got one, as Trustee to Trustee transfers you do not get one).
To enter pension and annuity Payments (1099-R)
- Click on Federal Taxes
- Click on Wages and Income
- Click on I'll choose what I work on (if shown)
- Scroll down to Retirement Plans and Social Security
- On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
