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Retirement tax questions
" I did in-plan roll over of 32K from post tax 401K to Roth 401K (1099-R code H form). Box 1 is 32K."
No, that's reported on the code-G Form 1099-R. The code-H Form 1099-R is for the rollover from the Roth 401(k) to the Roth IRA and is a transaction independent of the In-plan Roth Rollover.
When entering the code-G Form 1099-R TurboTax's question are in regard to just the transactions being reported on this Form: Yes, you rolled money over to a Roth 401(k), No this transaction did not roll money over to a Roth IRA. The code-G Form 1099-R has nothing to do with moving money to a Roth IRA.
March 5, 2023
10:05 AM