I need help on how to enter (or report) an indirect rollover in Turbo Tax. Here's what happened: In 2020, I closed out a traditional IRA from one institution, but I did not tell them I was going to roll it over, so the check was issued in my name. Before 60 days had passed, I made an indirect rollover to another institution (I have proof - statements from the new institution verifying this). Of course I receive a 1099R from the old institution showing that all of the distribution was taxable (distribution code was 7 & the IRA/SEP Simple was check). They did withhold some federal income tax, not much (3%). When I keyed in that 1099R, of course my tax liability went through the roof! There's got to be a way to report my indirect rollover, but I can't figure it out. Is it because I'm cheap and don't want to upgrade to the fancy version of Turbo Tax? I tried keying it in the Deductions and Credits section, IRA contributions, but that didn't work.
