MarilynG1
Expert Alumni

Retirement tax questions

If you had a direct rollover of your 401K to a Traditional IRA, you should have received a Form 1099-R with Code G in Box 7 to indicate the rollover.

 

TurboTax shows the total amount on Line 5a of Form 1040, but there is no 'Taxable Amount' on Line 5b.

 

If your 1099-R has a Code other than G in Box 7, go back to your 1099-R entry and indicate that you rolled over the funds in the follow-up questions.

 

 

@BJB11 

 

 

 

 

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