ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The problem is that the 1099-R form has $7,000 in box 2(a) , taxable amount, so that will over ride everything else and the distribution will be listed as taxable, unless you say it was rolled over in TurboTax.

 

You may be able to get the 1099-R form corrected to leave box 2(a) blank, otherwise you will need to enter a deductible contribution of $7,000 to an IRA to cancel out the distribution, which is showing as a distribution from a deductible contribution to an IRA.

 

If your tax in 2019 doesn't change and there are no reporting 1099 forms in 2019, as it seems there are not, then you don't need to amend the 2019 tax return.

 

 

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