AnnetteB6
Expert Alumni

Get your taxes done using TurboTax

TurboTax will show the rollover amount as 'income' on some summary screens as you go through the rest of your return.  Those summary screens are not used in any calculations to determine your eligibility for other credits or deductions. 

 

Eligibility for credits and deductions is based on information reported on the tax return itself.  As you indicated in your question, the rollover is being reported correctly on your actual tax return, so it should not be affecting any other credits or deductions.

 

 

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