walkbig1
New Member

Why do my TSP to traditional IRA tranfer show as income? I did a direct transfer of 32K from TSP to Tra IRA in 2018.

Why do my TSP to traditional IRA transfer show as income? I did a direct transfer of 32K from TSP to Tra IRA in 2018.  I received a 1099-R that shows a direct transfer but Turbo Tax still shows it as 2018 income which increases my Adjusted income by 32K.