If the distribution was made directly (trustee to trustee) to your IRA, then box 7 should be coded G, and your could ask your broker for a corrected form 1099-R.
If the distribution was made to you and you then deposited the check into your IRA account, then code 2 is correct (if you are under age 59 1/2). However, if you made the rollover within 60 days of receiving the check, this qualifies as a rollover and your indication in TurboTax that you rolled over the funds will exclude the rollover from taxation.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
