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February 14, 2025
Question

I paid taxes on my IRA Rollover distributions. Where in Turbo Tax can I enter the $5000 of taxes shown on my 1099Rs that I paid?

  • February 14, 2025
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    1 reply

    KrisD15
    February 14, 2025

    Enter the 1099-R.

     

    It should be coded to show it was a roll-over.

    The federal tax paid will be listed in box 4

     

    Wages & Income

    Retirement Income

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    Employee
    February 14, 2025

    And after you do that TurboTax will include as a credit on Form 1040 line 25b the amount from box 4.