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Get your taxes done using TurboTax
You will need to split your 1 1099R into 2 1099Rs and enter them separately in TurboTax to reflect the correct QCD, Roth Conversion, and RMD rollover. In the 1099R input screens you will need to input the Roth Conversion and QCD on 1 1099R and the RMD rollover on the other 1099R. The total of the 2 1099Rs for each box should equal the 1 1099R you received. Remember, the IRS only cares about totals and matching them to your return from the 1099 information they receive. How you manipulate the input TurboTax to get to the totals you need to report on your tax return is not important. What's important is when you are ready to file your return, the total amounts from the 1099R are reported on 4A and 4B of your filed return.
‎February 8, 2021
9:47 AM