In the TurboTax income summary, you will see the amount of that 1099-R listed as gross income, but it is not TAXABLE income and should not be included in your AGI.
The best way to check it before you file is by previewing your 1040. You will see the rollover included in line 4a - IRA distributions, but NOT in line 4b - Taxable amount.
You can preview your 1040 by following these steps:
- In TurboTax, open your return
- In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
- On the Tools Center page, click on View Tax Summary
- In the left-hand column, click on Preview my 1040
- Your form 1040 will display.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
