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Get your taxes done using TurboTax
- After filling all info of 1099-R , I got the screen "Rollover of 401(k) to Roth 401(k).
Since this amount was from a Roth IRA, I select:
"No, this money didn't roll over to a designated Roth 401k or 403k account."
- continue to next screen "Was this money rolled over to a Roth IRA" ? 2 options:
- If I check "Yes, this money was rolled over to a Roth IRA", it is taxable.
- If I select "No, this money wasn't rolled over to a Roth IR account" , it is not taxable.
Should I select the "No" option because it is just a transfer from a Roth IRA to another Roth IRA ?
May 9, 2021
7:04 PM