- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Inherited IRA 1099-R Indirect Rollover
Hello, I have a 1099-R for an Inherited IRA that was indirectly rolled over within 60 days of the distribution. I am using the 2022 Windows version of TT Deluxe.
The 1099-R has the same amount "the full distribution" in box 1 and 2a, 2b has both boxes checked, and box 7 indicates "4", IRA/SEP/Simple is checked.
When I enter this into TT I am not led to the question "What Did You Do With The Money From This Payer?", so I am unable to designate it as a rollover.
The beneficiary of this distribution is not over 70 1/2, but the original owner of the IRA that is being inherited was over 70 1/2.
I have seen discussion in the past of this being an issue, but was hopeful that was not till the case. Any suggestions would be appreciated.
‎February 19, 2023
1:34 PM