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Roth Indirect Rollover Reporting in TurboTax
Hi,
I made a $6,000 withdrawal from my Roth IRA in 2021 and returned it within 60 days. Vanguard told me this is considered an “Indirect Rollover Contribution” and it will be reported on Form 5498 in Box 2 - "Rollover Contributions".
Vanguard’s 1099-R also reported this $6,000 as a distribution in Box 1 – Gross Distribution, and I have reflected this appropriately on Form 1040 – Lines 4a and 4b.
My question is where can I enter the Form 5498 – Box 2 amount in the TurboTax software, so that my tax return is consistent with the forms the IRS will receive?
I tried many things, but nothing seems to work.
Thanks,
Steve
March 4, 2022
3:28 PM