PattiF
Expert Alumni

Retirement tax questions

These steps may help you record your rollover:

 

Gross IRA distribution from 1099-R goes in Wages & Income section.

Was this withdrawal an RMD for 2020  >   No

Yes – Moved the money to another retirement account (or returned it to the same retirement account).

Yes – Did a combination of rolling over, converting, or cashing the money.

Amount rolled over to another (or back to the same) retirement account – Enter redeposit amount.

 

When you finish your return, the net amount will appear on line 4b with the notation Rollover.

 

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