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Retirement tax questions
jonhngimble, you've entered this incorrectly. You must enter the Form 1099-R exactly as received. In the follow-up, indicate that you moved the money to another retirement account (or returned it to the same account), then indicate the amount rolled over. The gross amount will appear on Form 1040 line 4a but the amount rolled over will be excluded from any taxable amount on line 4b. TurboTax will also include the word ROLLOVER next to line 4b.
‎April 23, 2020
2:36 PM