Get your taxes done using TurboTax

This has nothing to do with the CARES act.

 

TurboTax has NEVER supported a singel 1099-R distributions to two destinations.

 

Situations not supported:

26.Form 1099-R --Distributions from Pensions, Annuities, Retirement orProfit-Sharing Plans, IRAs, Insurance Contracts, etc.: A single Form 1099-R rolled into multiple types of retirement plans (IRA, Roth IRA, other qualified retirement plan, etc.) is not supported. In this situation you must determine the amount rolled into each type of plan. Then treat each part of the rollover as a separate distribution and enter on multiple 1099-R worksheets.

 

You must split the 1099-R into two 1099-R's with the amounts going to each destination.    The amount converted on one and the amount rolled over on the other so the totals equal the original.

 

Only the resulting 1040 form gets sent to the IRS, the 1099-R worksheets in  TurboTax are just data entry screens and to not get sent to the IRS.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**