After you enter the 1099-R it will ask.
- "What did you do with the money from this payer".
- The answer is "Taxpayer moved the money to another retirement account".
- A drop down will appear
- Select "Taxpayer did a combination of rolling over, converting or cashing out the money.".
- Another drop down
- You rolled $200,000 back to the same account
You will owe tax on the $66K and possibly a 10% penalty if you're not 59 1/2
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