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Get your taxes done using TurboTax
A code G is a trustee-to-trustee rollover an unless yiu indicated that it was rolled to a Roth account (that would be taxable) , it would be rolled to a Traditional IRA that is not taxable. It should be reported on the 1040 form line 4c with a zero (or blank) line 4d (the taxable amount) with the word ROLLOVER next to it. If not, then I suggest deleting the 1099-R and re-enter.
It will show as income on the summary screen which shows gross income, not taxable income.
The IRS requires reporting all income on a *income* tax return - taxable and not-taxable.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 17, 2020
8:20 PM