MaryK4
Expert Alumni

Retirement tax questions

No, TurboTax will ask you about the rollover after you enter the 1099-R if it is not coded to show a trustee-to-trustee transfer and create the needed forms for your tax return.   

 

Most pre-retirement payments you receive from a retirement plan or IRA can be “rolled over” by depositing the payment in another retirement plan or IRA within 60 days. You can also have your financial institution or plan directly transfer the payment to another plan or IRA.

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