@zak89 wrote:
Thank you for reply. I re-entered several times but got same result.
I answered
Yes, this money rolled over to a designated Roth 401(k) or 403(b) account.
Yes, I made after-tax contributions to a 401(k), 403(b) or governmental 457(b) plan. And entered 27,750
Ah, that is the reason. Most rollovers to a designated Roth or 403(b) will be taxable so the word ROLLOVER should NOT be printed.
The word ROLLOVER indicates that it is not taxable because it is a rollover, but in your case it is not taxable because you only rolled over after-tax money (box 5) so box 2a MUST be zero., but the word "ROLLOVER" next to line 5a does not apply so it is correctly not there.
Your rollover is not taxable
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
