You should receive a 1099-R for this transaction to be entered in the following area: To enter pension and annuityPayments (1099-R) Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) 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

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Transfer an IRA to another IRA. What reporting is needed

Forum|Forum|7 years ago
June 1, 2019
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TurboTax Premier Online

Best answer by dmertz

If your IRA was moved by trustee-to-trustee transfer, you have nothing to report. A trustee-to-trustee transfer of an IRA is neither a distribution nor a rollover, so it is not reportable. Only if a distribution was made to you that you subsequently rolled over within 60 days would you receive a Form 1099-R that must be entered into TurboTax and reported in the follow-up questions as having been rolled over.

D

dmertzAnswer

Employee

If your IRA was moved by trustee-to-trustee transfer, you have nothing to report. A trustee-to-trustee transfer of an IRA is neither a distribution nor a rollover, so it is not reportable. Only if a distribution was made to you that you subsequently rolled over within 60 days would you receive a Form 1099-R that must be entered into TurboTax and reported in the follow-up questions as having been rolled over.

M

Marketstar

Employee

You should receive a 1099-R for this transaction to be entered in the following area:

To enter pension and annuity Payments (1099-R)

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
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