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March 18, 2022
Question

My 401K plan distributed all of the funds to us. We then rolled them over to our IRA fund with a different institution. I can’t figure how to show that.

  • March 18, 2022
  • 2 replies
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2 replies

VolvoGirl
Employee
March 18, 2022

After you enter the 1099R from the 401K distribution it will ask what you did with it.  Say you moved it and rolled it over and enter the amount you put in the IRA.  

VolvoGirl
Employee
March 18, 2022

And there is no "us, we or our" IRA.  It is per person.  If you took out your 401K did you put it in a IRA in your name?  Has to be to the same person's IRA.