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March 17, 2024
Solved

Why is my 401k rollover showing in the "retirement income results" screen as a 'Pension and annuity distribution'?

  • March 17, 2024
  • 1 reply
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Yet the Traditional and Roth IRA distributions is showing at $0.  I entered it all as 1099-r
Best answer by dmertz

A 401(k) is not an IRA.  Only IRA distributions go on Form 1040 lines 4a and 4b.  A 401(k) is properly categorized as Pension and Annuity income and goes on Form 1040 lines 5a and 5b.

1 reply

dmertzAnswer
Employee
March 17, 2024

A 401(k) is not an IRA.  Only IRA distributions go on Form 1040 lines 4a and 4b.  A 401(k) is properly categorized as Pension and Annuity income and goes on Form 1040 lines 5a and 5b.