401k Rollover

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I rolled over a 401k account to a traditional IRA. The 1099-R form as a G in Box 7 for rollovers. Turbotax is counting this money as taxable income. How can I fix this?

AmyC

Alumni - Intuit

The G signifies rollover so the problem is in the questions that were asked after entry. Follow these steps:

Edit the 10999-R and go back through the questions
not public safety officer
select qualified plan
another type of qualified plan
RMD zero
I moved the money to another retirement account
I rolled over all of the money to an IRA or another retirement account

You won't have to pay tax on your rollover.

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401k Rollover

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