Yes, you will enter the 1099-R into TurboTax and if the code in box 7 doesn't indicate it was a rollover to another IRA then you can indicate this in the follow-up questions:
- Login to your TurboTax Account
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter your 1099-R
- Continue "Tell us if you moved the money through a rollover or conversion" and select "I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)"
- Continue answering the questions.
Please be aware, if you moved the funds from a traditional IRA to a Roth IRA then this is a conversion and taxable.
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