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401(k) rollover to Roth IRA
We rolled over our 401(k) to a Roth IRA in 2019. But we received the check (not trustee to trustee) and rolled over to an IRA within the proper time frame. Were told we had to roll into a traditional IRA first and then that was rolled into a Roth IRA. Turbo Tax is showing both 1099's as taxable income on the worksheets, even though the 1040 reflects a "rollover" for one of them. What am I doing wrong?
‎April 22, 2020
12:58 PM