Retirement tax questions


@illuminato wrote:

@macuser_22 

 

Sorry for confusion. You are right about line 4a I am getting "ROLLOVER" word but I am not getting it for line 5a. 

 

Here 1099R that I use for line 5 (trad 401k to roth 401k conversion):

Box 1: $20,432

Box 2a: $0

Box 5:  $20,432

Box 7: G

 

 


Right - that is a software bug but the code G tells the IRS that is was a rollover.     Code G means rollover but the wort ROLLOVER should be there anyway but it isn't.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**