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Get your taxes done using TurboTax
What did you do with the money? Did you roll it over or did you cash it out? If you rolled it over, then it is not taxable, however, you need to tell TurboTax that you rolled it over. You will be be asked as you walk through the questions after entering the 1099-R what you did with the money. Here you can answer that you rolled it over, then you will be asked additional questions and this will be removed from taxable income.
If you cashed it out, then you would be responsible for the taxes on it. If you are under 59.5, then you would also be responsible for the 10% early withdraw penalty.
Benefits paid to a spouse or former spouse. Benefits paid under a QDRO to the plan participant's spouse or former spouse must generally be included in the spouse's or former spouse's income.
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