LinaJ2020
Expert Alumni

Retirement tax questions

Did you try to go to the 1099-R section to import?  Here are the steps:

 

In TurboTax online,

  • Sign into your account, select Pick up where you left off
  • At the right upper corner, in the search box, type in 1099r and Enter 
  • Select Jump to 1099r
  • Follow prompts
  • On-screen, "Let's import your tax info, select your company
  • Follow prompts to continue

If import does not go smooth, I will suggest to manually enter info. Follow the above steps then :

  • On-screen, "Let's import your tax info, select I'll type it myself
  • Follow prompts to continue to enter info

Is your 1099-R showing a code G in box 7 as a direct rollover?   Based on your information, your transaction should be nontaxable.  The amount will still show on line 4a on Form 1040 as a reportable event but not taxable. 

 

 

 

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