Solved
I ROLLED OVER ONE IRA TO ANOTHER IRA ACCOUNT SHOULD I RECEIVED A 1099-R
No text available
You might not receive a Form 1099-R for a trustee-to trustee transfer of IRA funds. If this was your case, then there is nothing to report on your tax return.
You would receive a 1099-R for a rollover if you were moving funds from one type of retirement plan to another or if you made an indirect transfer (took a distribution then deposited funds within 60 days into an IRA).
If you had a rollover, enter the 1099-R form exactly as it is reported in TurboTax. The box 7 codes determine its tax treatment. A rollover transfer should be listed as a Rollover on your tax return on lines 16 a and b. To enter in TurboTax:
- In your open return, select My Account
- Tools
- Topic Search
- Type '1099-r' in the box, then select GO
[edited 3/28/17]
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
