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Get your taxes done using TurboTax
OK I did enter the 1099Q - just received - to see again if there was an option to reflect as a rollover to a Roth. There is not, and it computes the earnings as taxable income. I am concerned about receiving an IRS notice for this later since it will appear as unreported income. I am surprised there is no mechanism on the return to reflect this kind of transfer. I could delete the form entirely but that doesn't seem right to me. Will there be further updates on this from Turbotax? Thanks
‎January 22, 2025
6:57 AM