I assume that the 1099-R box 7 code is a "G".
If it was not rolled to either type of Roth, then the only other choice is a traditional IRA so there are no more questions.
It will show as income on the summary screen which shows gross income, not taxable income.
The IRS requires reporting all income on a *income* tax return - taxable and not-taxable.
The income will be reported on line 4c and 4d on the 1040 form with the word “ROLLOVER” next to it if it was a rollover.
The taxable amount will go on the 1040 line 4c. In the case of a rollover, nothing goes on 4d.
**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.**
