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Get your taxes done using TurboTax
Did it go to a Trad IRA or a Roth IRA? After you enter the 1099-R, the program asks if you did a rollover. The TT Income Summary lists only the gross amount, and is just FYI. Both the gross and taxable figures will appear on your tax return. (But a transfer from a Trad 401(k) to a Roth IRA is taxable.)
March 26, 2021
7:48 AM