Enter the Forms 1099-R that you received and answer the follow-up questions regarding what you did with each of these distributions. Since TurboTax does not prompt you to enter an explanation statement, you would generally create the explanation statement outside of TurboTax and include it with your printed and mailed tax return. You could omit the explanation statement and e-file, but be prepared to respond with the explanation if the IRS questions the rollover from the IRA to the solo 401(k).
