JotikaT2
Employee Tax Expert

Retirement tax questions

It sounds like this was an indirect rollover.  If so, the 1099-R form you were issued should reflect this.

 

You will enter the information in the Federal interview section of the program.

  1. Select Income & Expenses 
  2. Scroll down to All Income 
  3. Select show more to the right of Retirement Plans & Social Security 
  4. Select start/revisit to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) 
  5. To enter additional 1099-R forms, simply select +Add Another 1099-R
  6. Enter your information as prompted within the program.  You will indicate that you rolled over the money into another IRA when asked What did you do with the money from the institution.

Please see the links below for additional information.

 

Indirect vs direct rollover

 

IRA Contribution Form - 5498

 

@fred70

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