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Get your taxes done using TurboTax
TurboTax cannot handle a Form 1099-R for a 401(k) distribution that reports the total partially rolled over to a traditional IRA and partially rolled over to a Roth IRA. For TurboTax to be able to handle this, you must split the Form 1099-R into two, one for the portion rolled over to the Roth IRA (box 1 and box 5 both showing the amount from box 5 of the original) and another for the portion rolled over to the traditional IRA (box 1 equal to the amount from the original box 1 minus the the original box5). On both Forms 1099-R you should enter a zero in box 2a.
Delete the original Form 1099-R that you entered.
March 17, 2023
7:28 AM