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Having trouble entering my 1099-R and getting it to be reflected as rollover

Hello - I am using Turbo Tax for the first time after years of having a CPA prepare my taxes. I have the 401K After Tax contribution and in plan conversation. My previous returns always show on the 1040 form line 5b with the word ROLLOVER on it, but I can't seem to get the questions answered correctly to reflect that.  This is also causing my total income to be higher than expected as it thinks this is a distribution to be taxes when it is not.  How do I need to enter this correctly?  

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5 Replies

Having trouble entering my 1099-R and getting it to be reflected as rollover

What is the code in box 7 of the Form 1099-R?

Having trouble entering my 1099-R and getting it to be reflected as rollover

Code in Box 7 is G

Box 1 and Box 5 are the same amount

Box 2 is 0

no boxes checked

Having trouble entering my 1099-R and getting it to be reflected as rollover

Did you rollover the amount to a Roth 401(k) account or a 403(b) account or a Roth IRA?  If not, then the amount should show as a ROLLOVER on Form 1040 Line 5b with 0 entered on Line 5b as the taxable amount.

Having trouble entering my 1099-R and getting it to be reflected as rollover

I did not, answering no to both questions shows it as rollover on 5b. 

Thank you for your help

wofat
New Member

Having trouble entering my 1099-R and getting it to be reflected as rollover

"G"

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