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Retirement tax questions
Aloha,
I would appreciate some help with my 401K rollover. I rec'd a 1099-R for my withdrawal of my traditional 401K (from one company) from Merrill Lynch(Bank of America) and rolled it over into a traditional 401K with Fidelity (to the new company). However, the Turbo Tax program asks if I rolled my traditional 401K into a Roth 401K. There is no prompt for a one traditional 401K to another traditional 401K.
Please advise. Thank you so much for your time.
‎February 15, 2022
5:59 PM