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1099-R Rollover to a current 401K - income?
Hello,
I performed a rollover last year. Turbo tax is showing me this rollover counts as income to me. I spoke with the plan administrator and they confirmed it went to the 401k (pretax), but somehow turbo tax counts it as income. Why is Turbo tax doing this? It also thinks it was as withdrawal. Help!
Here are a couple of screenshots to show you that Turbo tax is considering this as income? How come? Since this money went to my 401K? Is there something i am missing?
‎April 8, 2022
12:12 PM