Yes, TurboTax Deluxe Online is the correct package for entering retirement withdrawals. The amount that you rolled over to the plan should not be taxable unless you were moving it from a traditional retirement account into a Roth. What is in Box 7 for the distribution code for the first 1099-R? If it is not G, you can still tell the system it should be treated as a tax-free rollover if you deposited the money into your other retirement account within 60 days of withdrawing it from the first account:
- Search for 1099-R and select the Jump to link in the search results.
- If you have already entered this form, hit edit. Otherwise, continue through the screens to import or enter your 1099-R form.
- When asked Tell us if you moved the money through a rollover or conversion select I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days) and Continue.
- On the next screen, Did you roll over all of this (Box 1) to another retirement account? answer Yes, I rolled over to an IRA or other retirement account (or returned it to the same account) and Continue.
