Please follow these steps:
- Login to your TurboTax Account
- Click on the Search box on the top 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 that the distribution will show in the income summary, please check line 4 of 1040. If you rolled over the complete amount then 4b (taxable) will be $0.
Keep in mind if you converted funds from a traditional IRA to a Roth IRA then it will be included in your taxable income unless you had and tracked a basis (nondeductible contributions) in the traditional IRA. The basis is tracked on Form 8606.
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