chapjim
New Member

Retirement tax questions

I have a similar, perhaps identical problem.  I rolled a 401(k) to a traditional IRA (no conversion to Roth).  The 1099-R shows a value in Block and $0.00 in Block 2a.  Since I never had control of these funds, I can't see why they are treated as taxable income.  

 

I tried to reflect the amount in Block 1 as a contribution to an IRA but that triggered all kinds of responses about excess contributions, penalties, etc.

 

Where did I go wrong?