@santhosh1987 wrote:
Thank you for reply. Just trying to clarify.
Question 1:
I didnt make contributions but moved from one retirement account with 401k to another retirement account (this is Roll over IRA) - so it should be yes right?
Question 2: I have 1099R from previous retirement account(because of move from 401k to new retirement account IRA) and shouldn't 1099R be added in turbo tax retirements and savings section?
Contributions are not rollovers, and rollover are not contributions. Different type of transaction with different rules.
If the original 401k plan issued a 1099-R, you must report it. One of the questions should be something like "what did you do with the money" and one of the choices is "I rolled it all over into an IRA or other qualified plan."
