Get your taxes done using TurboTax

Hi DanaB27:

I noticed that Box 7 in both Form 1099-R marked with "G" which indicates "Rollover or Rollover Contribution". As in your response, it won't shown in Line 4 as Taxable Income. On preview of Form 1040, the total IRA amount shown in Line 5A and marked as "Rollover" in Line 5B.

I have another question about Form 2210 or 2210-F, I filed everything that I know in last couple of years. I didn't missed anything, why IRS said I made underpayment and have to pay penalty annually.