dmertz
Level 15

Retirement tax questions

The only way that you can report this using TurboTax is to enter 2 Forms 1099-R in place of the one that you received.  Since you'll need to mail your printed tax return to be able to include the explanation statement regarding the in-kind distribution and rollover, the IRS will be unaware that you had to split the original Form 1099-R to make the correct entries in TurboTax.  The IRS will only see the correct reporting on the tax return.