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1099-R qualified pension rollover directly to Roth IRA
I have a qualified pension rollover directly to a Roth IRA for 2021. The 1099-R has a distribution code G in box 7. The Box 1 and Box 3 both display the gross and taxable amounts. When I enter the 1099-R in Turbo Tax, it states ROLLOVER and taxable is 0 on line 5b on the Form 1040. Since this was rolled into a Roth IRA, the distribution is taxable. How is this entered in Turbo Tax so that it shows as taxable on line 5b? I cannot override the amount on line 5b or the description to read "Rollover to Roth IRA".
May 7, 2022
9:29 PM