Hi,
September of 2020, I rolled over 401k accounts from a former employer to my IRA accounts.
There was a mixup due to the fact that I actually had both a Regular 401k account and a Roth 401k account with this former employer.
I noticed about two days later that both the Regular and Roth 401k accounts were going to be deposited into my Roth IRA account. I tried to stop them from issuing the check, but they said it was too late to stop it.
I also called my account rep at the receiving brokerage to see if the Regular 401k deposit could be routed to the Regular existing IRA brokerage account instead of into the Roth IRA, but he said it had to be deposited as per the deposit instructions,
I got the 1099R for the Regular rollover with a distribution code of G, indicating that it was a direct rollover, but thanks to my account rep at the brokerage, he was able to get the brokerage to move the Regular 401k funds FROM the Roth IRA into the regular IRA, which would then make it a tax free transfer, the way it SHOULD have been, but I now have to deal with the fact that my 1099R says I had a taxable distribution.
In addition, because there are several firms dealing with rollovers from the former employer's 401k, I couldn't just get them to issue a corrected 1099R.
I did get the following though:
1) A letter from the former employer stating that the deposit "was reissued to the regular IRA account" (Although they didn't reissue anything themselves, I informed them, with my brokerage account rep on the phone, that he got the brokerage to move the money to the proper account with the next few days).
2) I have proof of movement into the appropriate regular IRA on my brokerage statement.
My question is, how do I enter this info in Turbo Tax?
