My wife did three direct rollovers from different retirement accounts. She is 49.
After entering all of the information on the 1099-R forms, TurboTax is asking "Where is this distribution from?" and gives several options to select from (including 'none of the above). It also states that "Your answer here will determine if all or part of your pension income is excludable on your Michigan state return."
One of the options to select is "Pension/IRA distribution received before retirement age." Because this is a direct rollover into another retirement account, I would NOT select this. Correct?
Thanks for your help.
