Hello All,
I had a (hopefully) quick question for the community. I have several 1099-Rs to enter from nontaxable rollovers from prior employee 401(k)s. The three different codes I see on the respective forms (I have multiple 1099-Rs) in Box 7 are: 1B, G, and H. I read the explanations for these codes but it is still not clear to me how to determine if I moved the money to a Roth IRA or not.
TurboTax asks this question as the last prompt when entering a 1099-R but I'm not sure how to determine the answer to this question for each rollover - shouldn't the code in Box 7 already dictate the answer to this? If not, do I need to contact the financial institution that executed the rollover to confirm as I can't recall where each rollover went specifically?
Hoping I've asked a silly question that is easy to answer. Thanks in advance for your time!
