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Retirement tax questions
You enter the rollover information if any when you enter the 1099-R form into TurboTax. You should not need to enter anything in the Investment Deductions section. After you enter the 1099-R, there will be follow-up questions where you will indicate that a portion of the distribution was returned - the rollover portion will not be taxable. You have to go all the way through the 1099-R section to get to those questions. What code(s) are in box 7 of your 1099-R? @jimandkathy10
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March 13, 2023
2:51 PM