- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I am assuming you are saying that the distribution is showing on line 5b as taxable. A rollover will not affect your IRA contribution allowed. Something is not entered correctly.
The 1099-R should show rollover code G in box 7. Box 2a taxable amount should be zero. I can only think you didn't go through all the questions after entry and mark that is was rolled over.
Follow these steps: Where do I enter an IRA rollover?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 31, 2023
9:22 AM